About this Business for sale in Queenstown-Lakes
Major Hotel brand accommodation business for sale – located in this building of substance and amazing street appeal. The 4 storeys, with 75 apartments, conference centre, fully equipped gymnasium and a very sizeable onsite café offers a most attractive business and lifestyle.
This opportunity to purchase this business in this near-new hotel at an entry-level price, is an opportunity that won’t present itself again! 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 Hotel in Queenstown has the added stability of being in one of the world’s leading hotel groups, with over 9,000 hotels across 20 brands in 80+ countries.
- Mouth-watering income from this established business
- Large letting pool/apartment accommodation options
- Excellent lease terms in place
- Continued and committed brand growth / expansion locally from this international iconic brand
- Ideal for Owner/Operator –minimal staff requirement
- Maximum lifestyle opportunity in a world class tourism destination
- Strong domestic and corporate market
A very astute investor will take advantage of this opportunity to invest now for the near future; someone who will appreciate the advantage of buying at this price, in an industry that will come back stronger than ever to Queenstown’s leading world-class status. Make no mistake – opportunities to buy into such an exclusive business, do not come round very often, nor at this price! Interested parties will also be even more keen to inquire, as a second, associated hotel business is also available for sale.
*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.