Extraordinary Accommodation and Conference
Listing: #EL00278Nick Giles
Broker | Auckland - Ellerslie

About this Business for sale in Auckland City
Extraordinary Accommodation and ConferenceQuite simply an extraordinary and very rare Hospitality opportunity with sales in excess of $4m per annum and profits to match.
This is a very well established and well known hospitality business in the Auckland Region.
· Stunning location
· Multiple income streams
· Huge growth potential
· Exceptionally strong 40 year lease
This highly successful business is part of a larger future land development with massive growth opportunities for the current business. The current owner will focus on this future development.
Rarely does something like this hit the market. Anyone with a passion for the Hospitality Industry and / or with experience of owning or running a major company within the Accommodation, Wedding and Conference space should look seriously at this one.
This business is presently fully managed so could suit someone looking for an investment & looking to work on the business rather than in it. Alternatively you may be someone from the Corporate Sector with amazing marketing and business management skills looking to buy their own business and try something new?
Most of the hard work has been done. With further tweaks this could be pure gold.
Enquiries in strictest confidence.
Asking $3.2m plus stock
*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.