Serviced Apartment Hotel, Auckland

Price

$1,667,000

Profit *

$474,000

Sales Revenue

$1,568,000

Location

Auckland Region, Auckland City

Category

Accommodation/Motel/Hotel, Hotel

Listing #

EL01786

Lindsay Sandes Headshot

Business Broker

Auckland - Ellerslie

021 895 940

+64 21 895 940

[email protected]

Auckland City Hotel Business for Sale

About this business for sale in Auckland Region, Auckland City

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 –

  • Auckland and Starship Hospitals
  • Auckland Domain and War Memorial Museum
  • Two major University Campuses
  • Auckland Vector Arena
  • Art Galleries, entertainment and theaters 
  • Retail shopping
  • Aucklands waterfront and viaduct F&B options

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 

  • consistent sales 
  • annual surplus $474,000
  • leases and licenses in place
  • upscale options
  • be in for Americas Cup

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.

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

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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.

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