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
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:
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.
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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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