FHGC Accommodation Business for Sale Rotorua CBD

Description

Sale type: freehold going concern accommodation business

Business type: backpacker-style accommodation business

Location: Rotorua CBD, New Zealand

Current status: established operating business

Land tenure: freehold

Accommodation

Guest rooms: 16

• 6-bed dorm rooms
• 4-bed dorm rooms
• Twin rooms
• Triple rooms
• Family rooms
• King rooms

Shared bathroom facilities: available

Shared kitchen facilities: available

Manager or owner room: included

Property

Land area: approximately 1,011 sqm

Property position: central CBD location

Restaurants: nearby

Cafes: nearby

Shopping: nearby

Tourist attractions: nearby

Customers and market

International tourist market: established

Domestic tourist market: established

Guest appeal: supported by central Rotorua location

Financial profile

Investment return: stated as strong

Expansion options

• Increase accommodation revenue
• Improve existing business performance
• Increase occupancy
• Increase direct bookings
• Increase utilisation of the central CBD location

Potential buyers

• Owner-operators
• Accommodation investors
• Backpacker accommodation operators
• Hospitality businesses
• Strategic tourism buyers