Freehold Going Concern
About this business for sale in Central OtagoFreehold Going Concern
For sale as a Freehold Going Concern (FHGC - land, buildings and business) Lake Roxburgh Lodge is located near the picturesque Central Otago town of Roxburgh.
The complex is set on 2 acres (approximately) of landscaped gardens with established trees and sweeping views of the surrounding mountains.
Lake Roxburgh Lodge offers multiple income streams and comprises of:
- 11 units with furnished decks
- licensed restaurant and bar that seats 32
- conference facilities
- spacious outdoor courtyard
The owner's accommodation is a one bedroom apartment, adjacent to the reception and the commercial kitchen.
Lake Roxburgh Lodge is only a short stroll to the banks of the Clutha River and the Central Otago Rail Trail.
Lake Roxburgh Village is the stepping off point for exploring Lake Roxburgh and two of NZ's most popular cycle trails, the Roxburgh Gorge Trail and the Clutha Gold Trail.
Ideally located, Lake Roxburgh Lodge is a close drive from both Queenstown (80min) and Dunedin (100 minutes)
Opportunities for growth are abundant. Examples include:
- Promoting the conference facilities for board meetings, conferences, workshops, team building events, birthdays and anniversaries.
- Offering bicycle hire and transfers to and from the cycle and walking trails.
After 20 years of owning and managing the lodge, the vendors have decided to retire. This presents a great opportunity for a new motivated owner to develop the business and reap the benefits of a growing tourist market.
+64 3 366 3394
+64 21 177 9760
*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.