Boutique Beachside Resort Management Rights, Waipu Cove
Management Rights
ActiveHospitality & TourismNorthlandB2C
Asking price
$1,400,000
Disclosed · NZD
Revenue (est.)
~$2,434,783
Estimated · comparable listings of this type and size
Earnings (est.)
~$450,770
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.1×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Management rights business at Waipu Cove, 100 metres from the beach, with 12 apartments in the letting pool
- Includes a 4-bedroom, 3-bathroom manager's residence
- Located on the eastern shores of Bream Bay, 90 minutes from Auckland and 40 minutes from Whangarei
- Established operation combining lifestyle, business security and growth potential
- Owner selling due to retirement
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