Price
$575,000 + GST (if any)
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Coromandel Peninsula Region, Thames-Coromandel
Category
Accommodation/Motel/Hotel
Listing #
15932
Business Broker
LINK International Head Office
Business Broker
Hawke's Bay Gisborne
Motivated vendors offer this fantastic freehold going concern, now the only Backpackers/Hostel in town or consider the redevelopment options!
Located on one of Whanagamata’s best street’s surrounded by high quality beach homes this cross lease, zoned local commercial, is not to be missed!
Established and managed by the same owners since 1991.
Permitted and licensed for 14, this hostel has provided a comfortable lifestyle for the owners who wish to retire.
The two storey original building is clad with ply & batten, weatherboards and is roofed with long run iron. The owners upstairs accommodation has 3 bedrooms, sun room, kitchen, bath room with separate toilet.
The downstairs hostel includes cooking and washing facilities providing budget accommodation for up to 14 guests.
The building is fire proofed with a monitored fire alarm system throughout.
The vendors have also submitted an application to the council updating the flats plan to include the single garage.
Call now me for further information
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Business Broker
LINK International Head Office
Business Broker
Hawke's Bay Gisborne
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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