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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
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
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