Naseby Hotel, $400k Income, Development Potential | ABC Business

Naseby Hotel, $400k Income, Development Potential

$950,000 - Otago

Industry: Accommodation / Motel

#32793

Here is your chance to own a beautiful country hotel in Otago. A well-established business, extensively renovated with excellent income, is very profitable and has the potential for huge development opportunities.

The picturesque Royal Hotel in Naseby is very well known, not just locally but all across New Zealand.

Naseby is a must stop on the newly opened scenic highway that links Queenstown to Dunedin. It is a very popular winter and summer destination for many and with cycling, mountain biking, curling, tramping, running, walking and mini conferences - this little town has it all!

The Royal Hotel has been lovingly restored and extensively renovated, creating a great atmosphere and ambience.

The hard work has been done, a well-established and respected brand has been created, all systems, food control plans and rosters are in place. It is all set up and ready for the new owner to come in and take over.

There is huge opportunity here to really grow this business and potential to also develop further on the separate block of land that is included in the purchase.

This can be sold as a going concern.

Hotel business, land and buildings and additional development land.

Price $2,450,000 + $25,000 stock + GST (if any)

Or as lease for $950,000 + Stock (approx. $25,000) + GST (if any)

Phone Donna Harpur-Swain - 027 220 3368 or Greig Garthwaite - 027 726 3631 for more details.

For a confidential discussion, please complete our online confidentiality agreement.
Copy and paste this link into your browser: www.ds4u.cc/abc?ref=32793

To obtain more information click here to complete a confidentiality agreement Need business finance? Click here to contact the team at the Loanary

Location: Otago

Page views
1844

Our brokers

Donna Harpur-Swain

027 220 3368

Donna Harpur-Swain

027 220 3368

Contact Donna

Greig Garthwaite

027 726 3631

Greig Garthwaite

027 726 3631

Contact Greig

Considering buying a business?
It's time to act.

We can help you craft an independent future.

Buy a Business
Play the video

Avoid the pitfalls of selling a business

Our Brokers can help you every step of the way

Find out how
Play the video

Businesses for sale