History Hotel and Bar for Sale
About this business for sale in WaipaHistory Hotel and Bar for Sale
A history Hotel and Bar is located in main road in Waipa Waikato where the tourists over around the world pass to visit the famous Waitomo Glowworm Cave.
The beautiful area is about 30 minutes to drive to the Waitomo Cave and 40 minutes with Hobbiton Movie Set.
The classic beauty is standing in one-ace land and including 5 - room hotel and a spacious bar and restaurant with 670 sqm building area which just is renovated and very stunning!
The turnover of bar and restaurant was about $700,000 last year and can grow up after renovation. It is very easy for somebody to develop a new hotel behind the bar.
The owner is going to retire so keen to sale the freehold with the business together.
Asking price is $2.5m. Any inquiry please call Susan Xiao 021-2020268.
+64 9 9300200
021 202 0268
*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.