Quality Mount Maunganui Management Rights Business
Listing: #EL00568Gordon Fridge
Broker | Bay of Plenty

About this Business for sale in Tauranga
Quality Mount Maunganui Management Rights BusinessThe Vendors have reduced their asking price for the business only, to allow them to move on to other interests.
The new asking price of $699,000 – with a mouth-watering net profit, makes this business a very, very attractive option for anyone wanting a business in thriving Mt Maunganui. Recent demand has driven prices way beyond this figure.
There are on-site options for accommodation, with the freehold apartment also available for sale. If you haven’t yet viewed this business – it would be well worth looking now – or having a re-look with this new price in mind.
The Capri is especially suited to a couple looking for the good life and is one of the few remaining, very affordable opportunities to start in this highly desirable, lucrative market. The bottom line will readily support your new lifestyle!
- An excellent business with a desirable profit.
- The Mount tourism accommodation businesses is in high demand
- Prime location overlooking fabulous Pilot Bay
The Complex
29 apartments with a good number in the letting pool – always in high demand in The Mount. A Studios to 2 bedroom with 2 bathrooms, balconies, full kitchens, laundry, and covered parking. Boat parking also available.
Low maintenance construction, (concrete block/aluminium joinery/long run roofing). The grounds are attractive, yet really low maintenance, and feature a swimming pool complex, gymnasium and BBQ facilities.
Owner’s Apartment – can also be purchased
Set on two levels - 2 bedrooms/2 bathrooms, a large ground floor, paved deck, and upper balcony. The Reception area is also on this Freehold title. Available for new owners to rent.
Reference: EL00568
*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.