Popular Holiday Park in the Bay of Plenty

Price

$Offers over $1.1m

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Bay of Plenty Region, Tauranga

Category

Accommodation/Motel/Hotel

Listing #

12906

Tauranga Accommodation/Motel/Hotel Business for Sale
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Tauranga Accommodation/Motel/Hotel Business for Sale
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About this business for sale in Bay of Plenty Region, Tauranga

It will be difficult to find a holiday park that offers more than this one – 3 hot mineral pools, 2 private spa pools, swim holes in a natural stream, a barbeque & picnic area, mini golf, bush walks and glow worms!
There are 63 power camp sites, more than 200 non-power camp sites, several self-contained cabins/motels and a back packers facility that sleeps 38 people. The park offers the standard kitchen and ablution facilities.
Owners’ accommodation could be either a two bedroom or three bedroom facility.
The park is a leasehold property. A very favourable lease is in place with a rent of $15,000 per annum and a 33 year lease term in place with a further right of renewal.
The annual turnover is over $280,000 and a cash surplus of over $150,000 is forecast for a working couple. There are several income streams and the park still offers huge growth potential.
This is a great time to buy the holiday park and be ready for the next summer holiday season.

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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*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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