Sold

Waihi Beach Hotel - Sales $1.8 million + GST, rent 6%


Picture yourself living by the beach... Soaking in the atmosphere as the new owner of an iconic pub! Did I mention you could also own an Italian restaurant?

Here's that unique opportunity ...The Waihi Beach Hotel! It simply has it all!

With multiple venues across the site, you're sure to find the right vibe.

Morning coffee wake up in the sunshine? Yes, please.

A few drinks with friends over a game of pool? Can do.

Want something a little more classy? Try the exquisitely sultry speakeasy-style cocktail bar.

Feel like an authentic dining experience? Right this way…menus, please.

How about a live music gig? With an internal venue for 450 guests and a sound shell stage in the garden bar. This musical icon has all the bands stopping by on their annual summer tours.

Now time to rest your head? Try our tastefully decorated accommodation for the quiet hours.

The Waihi Beach Hotel has got it all, so this venture will not be for the faint-hearted. Sales peak in the summer at over $150,000 a week, the potential is HUGE. All the hard work and renovations have been completed. Now is the time for you to achieve hospitality magnate status!

Despite Covid, sales were $1.8 million plus  GST in 2021 and with rent of only $106k at 6% of sales.

If you have what it takes, call Peter on 027 426 6166 or Jeremy on 02108852957. This is what you have been waiting for

Details

State BOP
Price SOLD
Business ID 10247
Category Accommodation/Tourism

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Agent Details

Jeremy Medlin Business Broker Licensed Salesperson REAA 2008
02108852957 +64 9 630 9491 jeremy@cmbusiness.co.nz