Ad ID: 46904 Inactive

Management Rights Business for Sale Taupo

Management Rights - Lake Taupo - 35 Years


Business for Sale Description

Management Rights Business for Sale Taupo

Management rights rarely come up for sale in New Zealand - especially ones in key tourism spots like Lake Taupo. Chevron Motel ( management rights are now available for sale and represent excellent value for money at the asking price. A very long term of 20 years + a further 20 year extension by agreement (commencing 2010) means there is the potential for 35 years to run for the new owners. This is a very attractive proposition that will undoubtedly generate much interest. The motel has 14 spacious 1 and 2 bedroom units, each with separate lounge and kitchen. Just a single block from Taupo CBD there are plenty of bars, restaurants and activities for you (and your guests) to take advantage of. Facilities within the property include a private spa pool, SKY TV, guest laundry, tour desk, and an abundance of parking for cars, buses, boats and trailers. Rated 4.5 stars out of 5 on TripAdvisor - you'll be picking up an already successful & profitable operation instead of one that needs a huge amount of work. If you're looking for management rights with a long term to run and a consistent and reliable revenue stream - enquire today for a comprehensive IM & supporting documentation. Price of $400,000 is for the management rights. The Sellers Discretionary Earnings applicable to the management rights is $143k per annum. The managers apartment and additional units are available to purchase for an additional $435,000. Inspections by appointment only. Complete a CA at for more information. Contact Michael Osborne 027 242 6881
Ref: 19503
Timestamp: 20170528054557

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