Franchise Hotel with Excellent Returns

Price

Refer to Broker

Profit *

$370,000

Sales Revenue

$1,900,000

Location

Bay of Plenty Region, Tauranga

Category

Hotel, Accommodation/Motel/Hotel

Listing #

EL04996

Lindsay Sandes Headshot

Business Broker

Auckland - Ellerslie

021 895 940

+64 21 895 940

[email protected]

Tauranga Accommodation/Motel/Hotel Business for Sale
Tauranga Accommodation/Motel/Hotel Business for Sale

About this Business for sale in Bay of Plenty Region, Tauranga

Kingsview Apartments – mixed use complex comprising 103 apartments with secure undercover guest parking, a rarity in the CBD

This centrally located serviced apartment business is your chance to secure a foothold in one of New Zealand’s fastest-growing cities.

Key Highlights:

  • Prime Tauranga CBD location just minutes from key business and leisure hubs
  • Hotel business comprises 28 apartments of studio, 1-, 2-, and 3-bedroom layouts with long leases
  • Consistently strong financial performance with annual c$1.9M revenues
  • Balanced guest mix between business and leisure markets
  • Strong future growth prospects in a rapidly expanding city.

 

This will suit owner operators seeking a strategically sound entry into the accommodation Franchise sector. 

With Tauranga’s visitor numbers growing and corporate demand increasing, this is your chance to step into a well-oiled business backed by a powerful brand. Opportunities like this, where location and profitability  align, are rare. Don’t miss out!

Lindsay Sandes, +64 21 895 940, [email protected] 

*Please refer to the LINK website for full disclaimers.

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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Lindsay Sandes Headshot

Business Broker

Auckland - Ellerslie

021 895 940

+64 21 895 940

[email protected]

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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