Otautau Hotel - Good Profitable Business - Home
Location New Zealand
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1900
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Description OTAUTAU HOTEL FOR SALE - OTAUTAU - SOUTH ISLAND - FREEHOLD GOING CONCERN - NEW OWNER CAN BENEFIT FROM UPGRADE - YOU ARE BUYING REAL ESTATE - BUSINESS - HOME
Otautau Hotel consists of a Bar, Bistro, Gaming area for 5 machines, Pool table area, Dining Room, Courtyard / BBQ area, Bottle Shop, Guest Lounge, self contained owner's flat, 2 x double rooms, 2 x twin rooms, 3 single rooms.
Otautau Hotel has an extensive kitchen operation which allows for takeaways and out-catering in addition to the in-house bistro and guest dining room.
After 19 years in this business, the current owners are retiring and allows for a new owner to enjoy the benefits of the extensive upgrade that has been taking place in this property over the last few years.
This is a very profitable business set in the heart of Western Southland.
This Freehold Going Concern Business oppoerunity is on the market for just NZD550,000 + SAV + gst if any
For further information on the sale of OTAUTAU HOTEL in Otautau please email or call Tourism & Hospitality Business Broker Ian Paterson on 0064 3 409 0093.
Click Here To Contact Seller
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