Rotorua FHGC Backpackers, 60 Beds in 17 Units on Big Flat Section

$1,600,000 plus GST (if any)RotoruaListing: #BPW00310


Rotorua  


$1,600,000 plus GST (if any)


Accommodation/Motel/Hotel
Refer to Broker


About this business for sale

Rotorua FHGC Backpackers, 60 Beds in 17 Units on Big Flat Section


A Freehold Going Concern (FHGC) Backpackers in Rotorua has been introduced to the market after years of operation. Due to personal issues, the owners are demanding a quick sale, so that they will consider any reasonable offers. 

  • Floor area over 450sqm dwelling on a flat section over 3000sqm
  • Approx 60 bed spaces (including bulk beds, singles and doubles) in 17 units 
  • Additional storage unit that could be used for accommodation
  • 3 bedroom owner's accommodation with own backyard
  • Large common room with TV, computers and other facilities shared by guests
  • Decent sized kitchen with dining area
  • Good online ratings, over 8/10 on Booking.com and 4.5/5 on Tripadvisor
  • Big parking lot, can fit tour buses or coaches
  • 2 minutes drive to Rotorua city centre, Polynesian Spa and lakeside


Asking price of $1,600,000 plus GST (if any) includes land, building and business. 
The estimated annual market rent for the property is approximately $100K plus GST.


***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.

Waikato
paul.lu@linkbusiness.co.nz
+64 7 579 4994
+64 21 047 4988

Paul Lu

*Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.