IKAMATUA: Money Making West Coast Pub With New Gold Mine Coming To Town! FHGC $575,000
$575,000 Plus GST (if any)
About the business
This historic hotel is found in the beautiful Grey District of the South Island’s West Coast, on Highway 7 between Reefton and Greymouth. Recent gold exploration by a large international company close to Ikamatua has discovered good commercial quantities and the sizeable workforce needed for mining would certainly give this business a licence to print money. The property comes complete with its own campground and good financial performance yet easy options remain for an enthusiastic new owner to further improve this already rewarding business. If you would enjoy providing hospitality to locals and tourists alike, then you must look further at this opportunity. Secure your future – act now.
The hotel is nicely presented and well maintained. Good quality plant and chattels are included with the business which enjoys multiple income streams from the hotel as well as from its own well set up campground complete with cabins, powered and non powered sites and a small backpacker lodge – all set in one of the most beautiful valleys of the West Coast.
The business performs admirably now, yet there remains substantial opportunity for an enthusiastic new owner to further increase bar sales and accommodation turnover of the business. Ikamatua is well and truly “on the map” now amongst 4WD and other outdoor clubs, hunters and fishermen, tourists (both local and international) who are attracted to its bush walks, kayaking and other outdoor activities – there is opportunity here and a great website now supports the business.
If you like the great outdoors and would enjoy providing hospitality to customers then this is a good business in an area becoming more popular with tourists and offers a pleasant and rewarding lifestyle away from the fast lanes.
We would welcome your enquiry on this hotel for sale in Ikamatua via this website or by phoning ALAN IRONSIDE on 0800 263339, DDI 03 550 0465 or 027 522 1689.
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Listing Number 3636Listed 17 Feb 2012 123 Views
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