Rotorua FHGC Backpackers, 60 Beds in 17 Units on Big Flat Section
$1,600,000 plus GST (if any)
Refer to Broker
About this business for saleRotorua 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.
*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.