Ad ID: 73270 Inactive
Hotel for Sale Central Otago
Great Return on Investment!
Business for Sale Description
Hotel for Sale Central OtagoSituated on the Central Otago Rail Trail and in the spectacular rolling mountains surrounds of the Maniototo, this Hotel Lease has a Return on Investment of above 40%, plus stock at valuation of circa $60,000.
The current owner sees that the next operator should focus on maximising all areas of the complex especially looking at the accommodation marketing, now that this has been refurbished over the winter months in 2018. This is definitely ready for the new summer season.
Ambiance, atmosphere and good patronage is what you need for a good Hotel business, and this renowned Central Otago Hotel certainly has all this!
The current passionate owner has been dedicated to bring this \"Art Deco\" pub back to life, and you will see this upon inspection. A well supported Bar, Restaurant and Liquor Store from the local community is then topped up with a mix of tourists and cyclists.
Our motivated vendor is eager to get a deal together so you can enjoy the lucrative summer season.
We would welcome your enquiry on the Business Lease at $350,000 + SAV of this Hotel for sale in Ranfurly via our website or by phoning FIONA MCDONALD on 0800 263339, DDI 03 555 2129 or 027 550 0966.