Price
$1,650,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Northland Region, Far North
Category
Accommodation/Motel/Hotel
Listing #
20447
Warm and beautiful, fully managed business run by manager and ably supported by well-trained staff. Some of the staff have worked in this rest home from the outset.
Occupancy generally consistent. Good track record with local DHB. Current and historical financials would be made available to qualified purchaser.
Owners of many, many years have genuine reason for sale. Solid and purpose built structure. Building and chattels well maintained to a high standard. 24-plus bed facility located in a central residential area.
Current set-up ideal for investment. Genuine potential to improve with hands-on owner. Property CV around $1.4M. Asking price $1,650,000 plus GST (if any) freehold going concern.
Confidentiality is paramount.
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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