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*** SOLD ***
Popular Holiday Park in the Bay of Plenty
Listing: #12906
Nols Bertram
Broker | Bay of Plenty
This listing is no longer taking enquiries as it is SOLD
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About this Business for sale in Tauranga
Popular Holiday Park in the Bay of PlentyIt will be difficult to find a holiday park that offers more than this one – 3 hot mineral pools, 2 private spa pools, swim holes in a natural stream, a barbeque & picnic area, mini golf, bush walks and glow worms! There are 63 power camp sites, more than 200 non-power camp sites, several self-contained cabins/motels and a back packers facility that sleeps 38 people. The park offers the standard kitchen and ablution facilities. Owners’ accommodation could be either a two bedroom or three bedroom facility. The park is a leasehold property. A very favourable lease is in place with a rent of $15,000 per annum and a 33 year lease term in place with a further right of renewal. The annual turnover is over $280,000 and a cash surplus of over $150,000 is forecast for a working couple. There are several income streams and the park still offers huge growth potential. This is a great time to buy the holiday park and be ready for the next summer holiday season.
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This listing is no longer taking enquiries as it is SOLD
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.