Price
$1,667,000
Profit *
$474,000
Sales Revenue
$1,568,000
Location
Auckland Region, Auckland City
Category
Accommodation/Motel/Hotel, Hotel
Listing #
EL01786
This small and easily managed service apartment hotel business in Auckland will suit an individual seeking an Auckland accommodation business, or a couple stepping into the accommodation market segment. Existing accommodation operators may consider portfolio growth by adding this to their asset pool.
Over the past years, the business has been refined and enjoys sustainable sales, backed with solid occupancy. The Serviced Apartments are conveniently located where people do business and choose to holiday, from CBD to suburban and regional areas.
With Auckland on the doorstep –
All of the apartments feature private north facing balconies and many have stunning views of the harbor and the city. The Studio, One and Two bedroom serviced apartments provide all the comforts of home with fully equipped kitchen and laundry facilities. Offering such a delightful range of apartment styles, business and recreational options for guests ensures repeat clientele.
Benefits of this business
Confidentiality requirements apply and interested parties are invited to complete the online non disclosure agreement, and then contact Lindsay Sandes
Ref EL01786
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.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
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