Manager's Residence 3D Tour: https://my.matterport.com/show/?m=Ae4oUj8E8WE
Unit 1 3D Tour: https://my.matterport.com/show/?m=Yj94kbGkXfL
FHGC: Purchase, Develop or Expand. The Golden Fleece Hotel and Motel in Waikouaiti presents an opportunity to leverage a strong commercial business and experience the freedom of entrepreneurial ownership, with the potential to expand. The business has shown extensive growth, particularly over the last 2 years, with the current owner upgrading the infrastructure & refurbishing and reopening the restaurant for service.
• Land, Buildings, Business, Chattels & Plant a FHGC. You own the Lot! (Not Leased).
• Multiple Income Streams: Bar, Restaurant, Bottle Store, Motels, Gaming - TAB & a House
• Prime Location: State Highway #1, Waikouaiti, East Coast, 9510, Otago.
• Huge Potential to increase T/O: Presently open 6 days, average of 46 hours per week.
• Development Land for additional Motels with no loss of Parking, subject to consent
• Bar, Kitchen & Restaurant fully equipped, Maintained & Operational.
• Chefs Kitchen fully upgraded Ovens, Pantry, Chillers & Walk In Fridge & Freezer
• Buildings 1180sqm, Land 6979sqm, 100+ Car Parks, Hi-profile property.
• Four double Motel units with Car ports, Separate 3 bedroom Managers house & Garage
• Commercial Solar System: 74 panels producing up to 42kw at 3 phase, Excess Sold back.
• Double EV charging station. Multiple Hotel / Motel Entrances.
• Financials available. Chattels list available. 5 Star Food & Service Revues.
• Fully Staffed and they are willing to continue their employment
• Capacities: Bar 100, Restaurant 120, Outside Terrace Area 40, Motel 14 Guests.
• Fully Air Conditioned, Air Extractors, plus 2 Log Burner Fires, Pool & Darts, 120" Screen
• Security Cameras, Alarm System, SKY TV, Entertainment Screens & Dance Floor.
• Also Includes a 4wd Courtesy Van, plus an in-house FM & Internet Radio Station.
Licensing: 7 days from 8.00am to 2.00am following for On Premise.
Off Licence: 7 days from 8.00am to 10.00pm as permitted.
Gaming: Licensed for 9 Machines, YTD Turnover of $3,140.185.85, Gaming statement available.
Southern Smokehouse Restaurant: Two separate entrances, multiple Toilets, its own Bar with Espresso machine, capacity for 120pax inside & 40+ on the deck grass area. Large commercial Kitchen and smokehouse caters for both dine-in and takeaway food. With a Log-Burner & Air Conditioning. A kid's corner & 2 large TV screens provide entertainment, plus Karaoke, Sounds & Lighting equipment & Dance floor, Functions, Events, Quiz nights, Bingo, DJ's, Live Bands.
Totally Operational, Licensed & Maintained! Handover assistance offered. Owners are retiring.
Look at this:
An RV of: $1,640.000 for the Land & Buildings as per the DCC website.
Gaming: YTD Turnover of $3,140.185.85 potential to increase hours & Turnover further.
PRICE: Negotiations over: $1,730.000 for Land, Buildings, Business, Plant & Chattels + SAV.
All genuine queries answered. Thank You.
Contact Stephen Robertson for more information on: 0274 731 112
