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Successful Palmerston North Accommodation Business Franchise For Sale

Palmerston North, Manawatu-Wanganui
Asking Price:
$640,000 (NZD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1M - $5M (NZD)
Cash Flow:
Available on request

Unrepeatable in Palmerston North - simply no competition in this area.

This is a very well established business, part of a successful and growing franchise in New Zealand.
The business in general and Palmerston North in particular is a serious investment worthy of review.

Situated in Central Palmerston North, the only accommodation business in this location, this business caters to corporate and leisure clients offering full serviced apartment accommodation with 40 very well appointed apartments.

With this very best location in town, Palmerston North has a very well established corporate and leisure clientele, taking advantage of a whole range of restaurants and cafés in the proximity.

The Business
This is a serviced apartment hotel business with an extended lease agreement in place.
The Palmerston North business consists of 40 fully furnished and full service apartments under a generous lease term of apartments, indoor and outdoor car park, conference room and office management agreement. A consistently high occupancy rate ensures great gross sales figures and profit.

This is a great opportunity to purchase a business with outstanding returns, a strong repeat client base and a vendor who is prepared to make your transition into your new venture as easy as possible. Ongoing support from franchisor will be provided. A fully equipped reception and a central booking system are in place for a smooth transition for the new business owner.

If you are interested and would like more information about this business please send your express of interest by completing the contact seller form below. You will need to sign the confidentiality agreement.

Please contact the owner and he will be in touch with you in 24 hours.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Moved to Nelson

Employees:
8
Years established:
11

Contact Information

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