Serviced Apartment Hotel, AucklandListing: #EL01786
About this Business for sale in Auckland CityServiced Apartment Hotel, Auckland
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
+64 9 555 6003
+64 21 895 940
*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.