Ad ID: 45188

Lodge Apartments And Campground Business for Sale Canterbury

Price slashed by $400kThis is a FHGC sale and the vendors are very motivated to sell. All realistic offers will be considered! This business offers a range of accommodation. Contact to me discuss this sale.

Location:
Asking:
$1,800,000
+GST

Business for Sale Description

Lodge Apartments And Campground Business for Sale Canterbury

Owners Residence
A large 4 bedroom owners/managers house is situated on top of the main lodge living areas with a small private lounge downstairs. There is room to split this into staff quaters if so desired.

Freehold Premises & Purchase Options

The Lodge, Apartments and Campground is situated on two parcels of land, both with main street frontage and are offered for sale as a freehold going concern.

Land parcel One contains the 2 apartments, campground, campground facilities and cabin

Land parcel Two comprises the lodge, reception areas and manager's residence.

Purchase options:

A slpit sale would be considered as follows:
The Lodge, Bar, Restaurant & 13 units
NZD$1,300,000.00

The Campground and Apartments
NZD$1,100,000.00

Lodge only - New 35 year lease: NZD$410,000.00

 The Lodge is currently run by the owner/manager husband and wife team with support from casual staff during the busier periods.

Increasing the value-add services that they offer, together with a significant growth in occupancy levels has seen the need to employ more casual staff on an as needs basis. This is traditionally during the peak winter season.

Business Resources

Brokers Comment
The Lodge, Apartments and Campground offer a fantastic opportunity to purchase an established, growing business in a popular tourist location which benefits hugely from the Mt Hutt Skifield and winter tourist boom, but there are also many other popular activities that provide tourism and business throughout the year:
- World renowned fishing
- Hot Air Balooning
- Gold Course
- Jet Boating
- Tramping and Walks
- Hunting

The Lodge is in a unique position having a significant parcel of land (Campground) that could be developed in several ways:

  • Add more Cabins
  • Add more Apartments
  • Add more Campground Sites
  • Demolish and build new modern lodge complex

There is also potential to utilise the large Commercial Quality kitchen and Dining area by opening a cafe/Restuarant operation!

It is not often that a FHGC property offering a range of facilities, and located in such a popular tourist area, is offered to the market. Forward bookings for both the coming winter ski season and Rugby World Cup are already strong and January income trending to doubling last year's result!!

Sale Price $1,800,000 + GST (if any)
Split sale options also available as described above
Short-term Vendor Finance would also be considered

Interested In This Opportunity?

Email To A Friend / Myself

 

Tourism Properties.com
For more info
Contact:

Adrian Chisholm

021 727 888
Tourism Properties.com
Licensed REAA 2008
Broker Ref: THL201089

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