Busy Lodge in the Heart of the Village

Westland
Reference: WC567
Backpacker Hostel
Land, Buildings and Business $1,550,000

With the ravages of Covid now behind us, accommodation businesses in the Glacier regions are now once again enjoying very strong trading. The owners of this property however have too much on their plate, so it is time to move on. They have faith in the future of this well located property and are prepared to offer vendor finance to a suitable purchaser.

A great opportunity for a hands-on owner operator.

Located in a prime central position, this busy lodge has excellent facilities to attract and retain guests. Substantial buildings with good quality fixtures and fittings, providing a range of accommodation to suit varying guest requirements. Shared facility rooms, plus ensuite rooms as well as fully self-contained units. Staff quarters on site is a bonus.

The property offers several kitchens, living areas, free on-site parking, free Wi-Fi, barbecue facilities and Hot Tub.

This is a rare freehold going concern opportunity, cited centrally on a good look parcel of commercial/tourist zoned land.

The business has been run under management for a number of years and running costs reflect this. A hands-on owner operator should find this to be very strong profit generator and now is the time to purchase at a great price from very motivated vendors.

Please be aware that some of this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand and we have not been able to verify the accuracy of same.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on the Land, Buildings and Business of this Backpackers for sale in Franz Josef via our website or by phoning KELVYN COFFEY on 0800 263339, DDI 03 550 0459 or 027 432 0565.

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Kelvyn Coffey

Kelvyn Coffey has specialised exclusively in the sale of commercial accommodation businesses since 1984, with the forming of a company then known as South Island Motel Brokers Ltd. The business enjoyed success in the industry throughout the 1980's, with expansion of its activities into hotel brokerage (pubs and taverns) and later general business brokerage.

Having sold his interests in that agency, (which still operates today under a different name) he formed this company in 1995. The reason being that he wished to re-focus on specialising exclusively in travellers’ accommodation businesses. In 1996, he was appointed as the South Island consultant to the Motel Association of New Zealand.

For many years, he provided advice and information to Motel Association of New Zealand members as part of the benefit of their membership. MANZ merged with Hospitality New Zealand in 2015. HNZ continues to receive many questions on matters relating to leases, rentals, market trends etc., and he is happy to receive and assist with a steady number of enquiries from the team at HNZ.

Kelvyn also sits on the Industry Advisory Group to the Real Estate Authority for Business Brokerage. The REA is the government body controlling and regulating the Real Estate Industry. They seek advice and feedback from the group, which meets with the authority twice yearly, and consults when required.

From small beginnings in the South Island in 1984, (in those days no one had heard of a specialist “motel broker”), Kelvyn is proud to now run a nationwide company with a brand that is well recognised and respected within the industry throughout New Zealand. He appreciates his good fortune in having been able to build a team of dedicated and professional brokers with support crew second to none.

Kelvyn has seen the economic highs and lows and is happy to share his experience with anyone contemplating entering the business. He lives in Christchurch, happily married to Colleen since 1988, with four (now adult) children. When time permits, hobbies include cycling (no lycra), snowboarding, photography, reading and hi-fi.