About this Business for sale in Queenstown-Lakes
Looking for an accommodation business with an X factor – with a bright future? Then look no further! This business located in this stunning hotel-size complex, sits alongside the eye popping, world renowned Remarkable Mountain range. This business operates a 4-storey, 61 apartment complex with a conference centre, gymnasium and a magnificent (independently owned) café.
The new purchaser will be walking into a superb, turn-key operation with impeccable operational procedures in place. The added stability of being in one of the world’s leading hotel groups, the with 811 hotels offering 114,614 rooms across 63 countries.
- Well performing business with an extremely bright future
- Entry level pricing
- Strong lease in place
- A second to none lifestyle in a world class tourism destination
- Strong domestic and growing international arrivals with the Australian bubble having opened.
The average Queenstown house prices have sky-rocketed to well over $1 million, so why not consider this option – an excellent, quality apartment for the duration of the lease, with most living costs paid by the business and a hugely attractive income and ROI which is limited only by your own ability. This business will suit either an owner/operating couple or under management for remote ownership.
*Profit: Sellers Discretionary Earnings, also known as EBPITD & Forecasted Revenues (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.