Business For Sale. Hotel Fhgc. Sales Up 30%. Superstar Investment.

Superstar opportunity, to own a freehold hotel, in a growing gold and tourist town of Waihi. The property is located at the top of town on a high profile corner site, opposite the proposed Gold Discovery Centre.

This is a very affordable entry to owning a Freehold Tavern which is operating as a restaurant, café, function and gaming centre. There is accommodation upstairs, which is currently used by staffing, but could be re-opened for long term tenants, backpackers or hotel accommodation with a little modification and relicense.

The location is well known for its fabulous surf beach, wealthy mining industry, tramping, trout fishing, golf courses and the new cycle trail which is currently work in progress to finish in Waihi.

The business is operating under management, but would ideally be suited to owner operators or leased out.

History: The landlord purchased back the chattels and refurbished the hotel to its present fabulous state approx. 2 years ago. Around $200,000 has been spent providing an excellent footprint for a new owner to take it to the next level.

The sales are up, the town is expanding. This is a great opportunity to own a prime piece of real estate and a growing business at the gateway of the Coromandel Peninsula.