Ad ID: 83735 Inactive
Large Motel Complex for Sale Franz Josef West Coast
Licence to Print Money - Motivated Vendor!
Business for Sale Description
Large Motel Complex for Sale Franz Josef West CoastRide the wave of the tourism boom with this excellent offering.
This is a large complex in a great central spot, comprising of 21 motel and cottage units, in the best location - right in the heart of the village.
The 3 bedroom owner\'s residence completes the package.
This business shows truly impressive and consistent growth in revenue and profitability over the last four financial years. The rise in revenue is consistent with industry trends, particularly in tourist destinations such as Franz Josef.
At the reduced ingoing price, the return on investment for a hands-on owner operator shows at in excess of 40% per annum. This, combined with a new long registered lease must make this an opportunity to be investigated.
Tourism is booming in the glacier regions, big business is investing heavily in the area and government forecasts predict continued strong growth. With the very high cost of building in today\'s environment, we are unlikely to see substantial properties such as this offered at this price level in the foreseeable future.
We would welcome your enquiry on the Business Lease at $695,000 of this Motel for sale in Franz Josef via our website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.