Established business with multiple revenue streams and unique year-round indoor & outdoor activities. The largest 'in town' open span venue - think beyond the ice!
Ice Arena Business for Sale Queenstown
The Queenstown Ice Arena is an established hospitality and activity venue located in the beautiful surroundings of Queenstown Garden, a few hundred metres from the Queenstown CBD and adjoining the Wakatipu lakefront.
Being offered for sale is the leasehold interest and business, including the Ice Arena buildings, plant, equipment and associated business assets secured by a long-term ground lease to the Queenstown Lakes District Council (QLDC) with a final expiry of 31 August 2050.
This profitable business comprises the ice rink and cafe/bar operation which has experienced a growing income stream with potential to grow this further with diversified income streams. The Ice Arena hosts many activities, from ice skating and ice hockey to corporate conference and incentive events. The largest 'in town' flexible open-span venue can host a wide range of sporting, cultural and corporate events in addition to ice-based activities. The unique design of the building and existing ground lease allow for various alternative uses of the facility including but not limited to: electric go-karts, a gymnasium, a swimming/hot pool complex, a child care facility, a retail outlet for sporting equipment/souvenirs, a venue at which concerts, festivals, trade shows, auctions, and other community functions may be held, along with other such recreational uses that the lessor (QLDC) may agree to.
Investment Highlights:
For Sale by Deadline Private Treaty closing 4pm, Thursday 12 September 2024 (unless sold prior).
For more information or to inspect the property please contact the agents Mark Simpson or Rory O'Donnell.
http://www.colliersotago.co.nz/67030079
https://youtu.be/WRsBiXHhmEg
The business currently employs 9 Full time staff and 4 Part time which fluctuates during the season.
There are some specialty skilled staff required to run the rink operation and plant/machinery, but full training and staff transfer are available to purchasers of the business as required.
