Ad ID: 54892

Management Rights Business for Sale Queenstown

One of Queenstown's premier 5 star Qualmark rated accommodation properties. This management rights business enjoys some of the best guest reviews in the resort!

Business Description

Management Rights Business for Sale Queenstown

Great opportunity to buy a solid business in Queenstown New Zealand. Handsome overlooking alpine resort complex with views over the lake and surrounding mountains plus within walking distance to downtown Queenstown.

This Management Rights business is very profitable and turnover and bottom-line profits continues to improve month on month, year on year.

This is the first time these management rights have been offered for sale since the complex was built and the management rights were created 10 year ago.

Note: The purchase price is $3,000,000 + GST (if any) for the management rights business. The 2 apartments are by negotiation.

Business Resources

Short Term visitor accommodation pool comprises: A total of 66 keys made up of 32 x Studio Rooms and 32 x One Bedroom Apartments (or 32 x Two Bedroom Apartments being dual key) and 2 x Two Bedroom Apartments (1 key) which are located in the adjacent complex.

Long Term pool comprises: A total of 26 keys made up of 26 x Two Bedroom Apartments which are rented as one tenancy or 1 key.

There could be potential growth opportunities by converting Long Term apartments into the Short Term visitor accommodation pool. Two Apartments:

Also offered for sale are 2 x Two Bedroom Apartments as part of the management rights package which accommodates the office/reception/management offices and the other apartment is a Two Bedroom Manager's Accommodation. The price of these two apartments are in addition to the cost of the management rights business.

The apartments also features an outside spa facility overlooking the lake and mountains along with bike hire and free wifi and free phone calls for all Guests staying at the property.

The current owners have developed this management rights business from the beginning, established good unit owner relationships and installed management and marketing systems to ensure that this business is built on a profitable business model.

Please contact me to discuss this sale now.

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