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Confidential details of Management Rights Business for sale in South Island NZ

Thursday 3 September 2009, 5:04PM

By Adrian Chisholm - Tourism Properties.com

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Confidential Management Rights Business for sale South Island NZ
Confidential Management Rights Business for sale South Island NZ Credit: Adrian Chisholm - Tourism Properties.com

The owners of one of New Zealand's most profitable management rights tourism accommodation businesses have decided to retire from the business and have put this great business on the market.

If you are up to it - we are talking taking control of 40 units with a 4 star rating consisting of studios, 1, 2, & 3 bedroom units. A very comfrtable 3 bedroom apartment is provided onsite above reception by the body corporate at the no charge for the new owners or managers and 100% of the conference and food / beverage income goes to the management rights owners. What a deal!

The business has enjoyed a net operating surplus of $200k - $220k for last 3 /4 years and at $1,100,000 makes this business great buying.

Contact me on 021 727 888 or email: adrian@tourismproperties.com or view the full listing at:

 http://www.tourismproperties.co.nz/home/property_search/_details/id_685