Price
$48,466
Profit *
Refer to Broker
Sales Revenue
$280,000
Location
Auckland Region, Auckland City
Category
Accommodation/Motel/Hotel, Guest House/B&B
Listing #
EL02908
A classic boutique B&B business and lifestyle awaits
Imagine owning a B&B business in a 100 year old Kauri villa. If you have passion and a desire to operate a boutique business in Mt Eden, close to retail and leisure areas, a stones throw from Mt Eden rugby grounds, then this business is a must see! Not only that, the vendors seek an urgent sale and must sell.
The original business owners refreshed this superb bed and breakfast property catering to domestic and international visitors. With 11 guest rooms and only a short drive from Auckland CBD, the location and facilities attracted international and domestic guests, often on repeat visits. With limited B&B business skills, Covid challenged the current vendors who now seek their exit, a significant gain for another new owner.
After rent and operating expenses, prior business owners were earning circa $80,000 surplus – outstanding. Income, lifestyle, excellent location – inspection is a must.
Lindsay Sandes, 021 895 940, [email protected]
***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.
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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.
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