Prime Waterfront Private Hotel FHGC

Price

$11,500,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Taranaki Region, New Plymouth

Category

Accommodation/Motel/Hotel, Hotel

Listing #

EL00506

Lindsay Sandes Headshot

Business Broker

Auckland - Ellerslie

021 895 940

+64 21 895 940

[email protected]

New Plymouth Hotel Business for Sale
New Plymouth Hotel Business for Sale Slide 2
New Plymouth Hotel Business for Sale Slide 3
New Plymouth Hotel Business for Sale
New Plymouth Hotel Business for Sale Slide 2 Thumbnail
New Plymouth Hotel Business for Sale Slide 3 Thumbnail

About this business for sale in Taranaki Region, New Plymouth

One of New Zealand's trophy private hotels. The Waterfront Hotel and Salt restaurant on New Plymouth's waterfront is for sale. This is a rare opportunity to purchase a profitable and long established hotel and restaurant.

The three level complex comprises boutique hotel accommodation of 39 hotel suites and 3 executive apartments along with salt restaurant; function and bar as well as foyer, back office and service areas. Undercover parking is provided on the ground level.

The Waterfront Hotel is a popular corporate hotel and meeting venue because of its seaside ambience, waterfront location, award winning restaurant and easy access to CBD.

Hotel highlights:

  • Freehold going concern yield approx.11.5%
  • Site approx. 1.149m2 and hotel 3,384m2
  • NBS 100% and Seismic Grade A
  • 42 executive suites and apartments
  • Meeting/conference room
  • Consistent & profitable cash flow
  • Award winning hotel and restaurant operation
  • Prime waterfront location
  • Title DP 313152, 51724, Zone 8A Multi use with commercial.

Lindsay Sandes, sole agent, invites your call to discuss this opportunity.

Reference: EL00506

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.

To find out more, complete an online confidentiality agreement by clicking the button below.

Click the email alerts button to be notified of other businesses that may be of interest to you.

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.

Business Affordability Calculator

What can you afford?

Discover what you can afford, how much your loan repayments may be, and how much you could earn.

Finance

Need help with finance?

Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.

Share to:

Facebook
LinkedIn
Email

Contact Us

Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.