Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Business For Sale. Freehold Hotel With Potential And Priced To Sell

LISTING DETAILS
Firms For Sale ID:
31745
Vendor reference:
15539
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$750,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This historic building was used as a boarding house for gold miners in the early 1900's. There is still a lot more potential with space for 6 to 10 more (en-suite) rooms and the currently 10 finished rooms show the true potential it has.

A bit of work to be done but don't be put of as it is mainly cosmetic. The hotel is fully operational as is with a recent overhaul in the kitchen as well as a new sprinkler system. All safety requirements are met and ready for operation.
This town in the Waikato Surrounds is the perfect base for walkers and cyclists with purpose build mountain bike tracks, walking tracks and the Hauraki Rail Trail that was funded by the government and opened in 2012.
Popular Mineral Spa and leisure pools are located in the domain next door, as well as the museum, the Geyser and several springs.

The seller is highly motivated to retire. Might be a good time to get a bargain!
Owner will consider any offers over $695,000