Centennial Court Motor Inn - Great Family Business
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 1990
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Description EXCELLENT FAMILY BUSINESS OPPORTUNITY
Centennial Court Motor Inn for sale is well located in central Alexandra comprises 33 units, extensive function, conference and food and beverage operations situated on 3,621m2.
In addition, there is a substantial two storied 4 bedroom, 2 lounge home / apartment situated on the property that can be used by the new owners or included into the room allocation and convert one of the executive units into a managers unit.
The property provides an excellent range of accommodation configurations including 2 executive spa units, 12 x 2 bedroom units, 18 studio units and 1 x 1 bedroom units which allows for small tours and conferences.
Many of the rooms have just gone through an extensive refurbishment programme.
The dining room seats up to 50 diners, an excellent kitchen, house bar, sauna, office and reception area completes the property.
This business is trading well and is positioned for a new owner to take the Accommodation, Conference, Seminar and Food and Beverage operations to the next level.
This Leasehold Business opportunity is on the market for NZD800,000 + gst if any
The Freehold may also be available for sale.
Our company specialises in selling Tourism Hospitality & Leisure properties and businesses throughout New Zealand and we are happy to work with you during the selling or buying process. Please email or call your local Tourism Business Broker Ian Paterson on 0064 3 409 0093.
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