Accommodation Business with Freehold Apartment | ABC Business

Accommodation Business with Freehold Apartment

$899,000 - Bay Of Plenty

Industry: Accommodation / Motel


Quest on Durham, in the heart of Tauranga city, provides a mix of spacious apartments to a wide range of corporate and leisure clients visiting the beautiful Bay of Plenty.

Quest is the largest apartment hotel chain in Australasia, with 34 sites across New Zealand.

The current franchisee leases 29 apartments within the iconic Kingsview complex and the business is operated by a loyal and experienced team, all dedicated to providing a friendly and welcoming customer experience.

The business is almost fully managed, requiring little input from the owners, and still generates a solid six-figure income.

The Quest group provide excellent systems and support, and a full handover and training will be given to the new owner.

The "piece de resistance" is the stunning freehold 385m2 5th floor apartment, offering 5 bedrooms, 3 bathrooms, expansive living areas, wrap around balconies and 3 secure car parks.

Option 1 - Buy the business only - $899,000
Take comfort in immediate cash flow from existing and future reservations, whilst making your own improvements and taking revenues and profitability to the next level.

Option 2 - Buy both business and apartment - $2,398,000
Picture yourself living in luxury whilst enjoying the business income.

Which option will you take?

This would suit someone (or a couple) with strong business acumen and a passion for delivering customer experience that is second to none.

Contact Scott - 027 294 1041 or James - 029 770 4576 for further information.

Price $899,000

For a confidential discussion please complete our online confidentiality agreement.
Click or copy/paste this link to get started:

To obtain more information click here to complete a confidentiality agreement

Location: Bay Of Plenty

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Our brokers

Scott Brebner

027 294 1041

Scott Brebner

027 294 1041

Contact Scott

James Sheppard

029 770 4576

James Sheppard

029 770 4576

Contact James

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