Hotel Lease – So Many Options with Income and Country Lifestyle
About this business for sale in ChristchurchHotel Lease – So Many Options with Income and Country Lifestyle
$160,000 is good buying
An historic watering hole with the comforts of accommodation attached, The Star & Garter Hotel is located an hour from Christchurch and 35 minutes on the busy thoroughfare through to the increasingly popular Hanmer Springs. This business provides and idyllic country lifestyle including owner’s 3-bedroom accommodation and office onsite. There’s plenty of room for the whole family to earn a solid income stream.
The vendors have been the mastermind behind transforming this into a true local identity. The walls are glittered in historic memorabilia and the hotel resembles everything you could expect from the old school character country charm – a welcoming atmosphere, loyal staff, wholesome homemade food. Included is the comfort of accommodation for up to 6 guests, providing additional income and profits.
The newly refurbished bar is separate to the 40 + seat restaurant and there is a large outdoor area with a purpose-built bar and beer garden, for those summer nights. There is no shortage of parking for those larger events with room for campervans and trucks at the rear.
Growth opportunities are endless with the nearby stables waiting for an entrepreneur to convert this into an event venue or backpackers – it’s possible that the freehold can also be negotiated for sale.
You’re lifestyle investment in summary:
- Very motivated vendors – make them an offer
- Friendly loyal and knowledgeable staff
- Full commercial kitchen
- Refurbished bar and separate dining for 40+
- Outdoor beer garden and ample onsite parking
- Owner’s 3-bedroom accommodation onsite
- 6-bedroom guest accommodation
- Outstanding local reputation and online reviews
Make 2019 the year of change – Time to escape the hustle of city and enjoy the country lifestyle, live onsite while making a decent living.
If you like the thought of managing a bar and hotel, providing first class country service for your guests, sharing a yarn and providing a family atmosphere with plenty of laughter – this is the one for you!
Call Jason Olliver at LINK Business 0274 424140.
To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.
+64 3 366 3394
+64 27 442 4140
*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.