Chateau Franz Backpacker & Motel Complex

Chateau Franz Backpacker & Motel Complex — Hospitality & Tourism · Franz Josef, West Coast · Asking $1,100,000

Large backpacker and motel complex on the West Coast, offered with freehold land and buildings and vacant possession Around 1,166sqm of building on a 2,240sqm site, previously run as a motel, hostel and ski lodge Strong summer trading history, with reduced backpacker capacity locally limiting competition Suits reopening as accommodation, repositioning, or redevelopment Vendor retiring from the…

DealProspect/Listings/Hospitality & Tourism

Chateau Franz Backpacker & Motel Complex

Backpackers / Hostel

ActiveHospitality & TourismWest CoastB2C

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Asking price

$1,100,000

Disclosed · NZD

Revenue

—

Earnings

—

Implied multiple

n/a

Price includes the property

Brief

Large backpacker and motel complex on the West Coast, offered with freehold land and buildings and vacant possession
Around 1,166sqm of building on a 2,240sqm site, previously run as a motel, hostel and ski lodge
Strong summer trading history, with reduced backpacker capacity locally limiting competition
Suits reopening as accommodation, repositioning, or redevelopment
Vendor retiring from the industry

Priced like this one

nearest on the figure this listing states