About this business for sale in West Coast

A New Challenge, An Opportunity, The Pot of Gold at the end of the Rainbow.

Act now to acquire this historic, iconic West Coast Hotel with an additional multi-function accommodation complex, also included is a near-new, 3 bedroom house, GJ Gardner family-sized home.

This $million business ceased operation when the borders first closed, at the time it was geared up for bus tours – re-live these heady times, and enjoy the amazing lifestyle that this location has to offer.

For the very first time, the owner has decided to take the land, buildings, and what was a million-dollar turnover business coupled with substantial chattels to the market.

Contact me today to find out more.

  • Quality cabin and hotel style accommodation options
  • The site includes a New Owners / Manager's House, 3 bedrooms.
  • Extensive list of Chattels.
  • Also Includes a Jade workshop
  • Well over $1,000,000 spent to refurbish and upgrade whilst maintaining its historic character prior to Covid.
  • An additional 50K Government Kick Start fund (subject to application)

 

Location, Location, Location

With the Southern Alps as it’s backdrop, the Lake Mahinapua Hotel is in a prime location just 10km south of Hokitika on State Highway 7 which importantly captures 100% of visitors traveling the length of the West Coast.

Come and enjoy this fantastic location on State Highway 7 within a few minutes walk to Lake Mahinapua and Hokitika Beach with amazing sunsets.

For less than you would have had to pay, just for the business 3 years ago, today you can own the whole fully refurbished complex with a new 3-bedroom house and a blank canvas to establish your own dream business.

Lake Mahinapua Hotel Hokitika – A great opportunity for only $1,695,000 you can have the lot.

 

To find out more, go to linkbusiness.co.nz/HC00283 and press the “Enquire Now” button to complete an online confidentiality agreement.

For more information please contact:

Brian Priest, 021 222 2222, brian.priest@linkbusiness.co.nz

 

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

 

#buybusiness #accommodation #hokitika #hotel

SEMINAR: HOW TO BUY A BUSINESS
Don’t know where to start? Want to know what mistakes to avoid?
Register for our Buy a Business Seminar. https://go.linkbusiness.co.nz/seminars/

You may also be interested in...

*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.

Listing: #HC00283
Price: $1,695,000
Profit*: Refer to broker
Sales Revenue: Refer to broker
West Coast Region, West Coast
Accommodation/Motel/Hotel, Freehold Going Concern
*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.

*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.

PRINT OR SHARE THIS LISTING

Share on print
Print
Share on email
Email
Share on linkedin
LinkedIn

BUYERS TOOLS

Businesses for sale

All Locations
All Categories
Price Range
$
$

You may also be interested in...

$499,000 includes stock of around $300,000
Retail General
$168,000 +Stock
Food/Hospitality
$600,000
Food/Hospitality