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Cosy Kiwi B&B in Te Anau

$1,150,000SouthlandListing: #EL01063

Southland businesses for sale 


Accommodation/Motel/Hotel businesses for sale
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About this business for sale

Cosy Kiwi B&B in Te Anau

The Cosy Kiwi Bed & Breakfast, for sale as a FHGC, is a purpose built backpackers constructed in 1998. It is located in Te Anau, the gateway to Fiordland National Park, home of the world renowned Milford and Kepler Track walks.  

The complex comprises of 7 bedrooms (with en-suites), a breakfast room for up to 16 guests and a guest lounge. The owner's accommodation comprises of 4 bedrooms, with open plan living. The property is beautifully presented and very well maintained and is double glazed throughout. The owners have recently repainted the whole exterior, including the roof, reclad the fence, and laid new vinyl tiles in reception and downstairs kitchen area. There is off street parking for all vehicles, plus a double attached garage with internal access for the owners.

This business operates efficiently and is showing excellent returns and is a perfect 'walk-in and manage' opportunity. Sales over the last 2 years have grown steadily and for 2017 growth is 20% (approx) greater than in 2106.

The Cosy Kiwi is centrally located in Te Anau within 10 minutes walk to the lake front.

Te Anau
Te Anau is situated approx 2.5 hours from Queenstown enroute to Milford Sound in this World Heritage Park. Te Anau is the closest lodging destination for trips and tours to Milford Sound / Doubtful Sound Cruises and the Glow Worm Caves.  Activities around Te Anau include kayaking, walking tracks, trekking, hiking, fishing, sightseeing and a golf course.

Reference: EL01063

Auckland - Ellerslie
+64 9 579 9226
+64 21 177 9760

Jono Jarvis

*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.