Hotel For Sale

Listing ID: 700152428

Listing Title: Hotel For Sale

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Industry: Hotels and Holiday Accommodation

Industry Segment: Hotels

Country: New Zealand

State / Province:


City: Dunedin

Asking Price Range: $250K - $500K

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2008

Number of Employees: 4 - 5

Business Description:
OCEAN BEACH HOTEL Leasehold Business Opportunity for Sale at NZ$375,000.00 + gst if any + SAV. One of Dunedin's favourite Pub's. Multiple Income Streams. The Vendor and his Management team have got the Hotel geared up and operating well. All the systems are in place and the business is trading well. Now the time is right and the Vendor is ready to sell the Leasehold Business Interest in the Hotel. This is a fantastic opportunity that presents itself with multiple income streams through Food & Beverage Sales, Pokie Machine Site Rental and Accommodation Sales. The property itself consists of Public Bar, Restaurant, Pokie Machine Room, 10 x Motel Units. The Owners accommodation consists of a three bedroom brick & roughcast house on site but just far enough away to afford some privacy. Great Family opportunity with a Home & Business. Great location on corner site of two major roads, just a short walk to St Kilda Beach and handy to some of Dunedin's main Sports Facilities including the Indoor Ice Arena, Forbury Park Raceway, Chisholm Park Golf Club as well as the Dunedin and Pirates Rugby Clubs. Opportunities such as this rarely present themselves particularly for businesses that are trading well and showing continued growth particularly in still tough economic times. Don't Dilly Dally on this Opportunity. Call Ian Paterson at +64 21 193 0093 or +64 3 409 0093 for more information on this hotel for sale.

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