the Tourism Informer Spring '14

selling tourism properties & businesses nationwide

spring2014

TM

www.resortbrokers.co.nz

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ContentsWelcome to the spring edition of the Tourism Informer.As always, we are very proud of what we produce and are excited about our new branding which has been rolling out over the last six weeks.You will have noticed this on the business cards but most apparent in the Sunday Star Times where Resort Brokers have dominated two pages each and every week.Our website is also in the process of undergoing a major upgrade and we hope you find it easier to navigate in the future.We recently had our annual conference and are pleased to announce that Ray Hart took away the top prize this year. Congratulations Ray and keep up the good work.Resort Brokers is a strong advocate of profile marketing and we wish to thank all the vendors who have supported the marketing initiatives.We would like to extend a warm welcome to Allister Simpson and Bill Sinclair who joined Resort Brokers last April.

Bill Sinclair

Bill Sinclair comes from a long standing career in Real Estate which was mainly focused in residential. In that time he has owned a Real Estate company in the Hawkes Bay and has also operated a motel.

He now comes to Resort Brokers bringing a wealth of experience and will be concentrating on the lower part of the North Island.

Front PageContentsBayview Motel, Bay of IslandsWhangarei TOP 10 Holiday ParkTuscany Villas, RotoruaBay Palm Motel, Mount MaunganuiArticle: Benefit of Baby BoomersCoromandel TOP 10 Holiday ParkAotea Lodge, WellingtonBrylin Motel, RotoruaAstro Accommodation, TaupoThornton Beach Holiday Park, WhakataneArticle: ImmigrationHectors, Queenstown LakesMotel Business, AucklandMarketing WorksFriendly Bungalows Resort, VanuatuGordon FridgeAotea Motor Lodge, WanganuiCheviot Park Motor Lodge, WhangareiSpecialists to the IndustryContact Details

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THE TOURISM INFORMER

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Allister Simpson

Allister’s background has previously been in adventure tourism based out of Queenstown but most recently is the sole owner of an Immigration company.

Having recognised the synergies of migrants looking for tourism properties, Allister approached us knowing he could add value to the industry through the sales process. Allister will be predominantly servicing from Rodney through to Whangarei and will also familiarise himself with listings in the far north.

We wish both Bill and Allister all the success with Resort Brokers and congratulate them on achieving various milestones within the company.

BAYVIEW MOTELBusiness- Bay of Islands

The Pictures Say It All...LocationWhat’s not to love about this wonderful location? Bayview Motel is situated across the road from Paihia’s fabulous beach and offers fantastic views. Positioned on the corner of Bayview Road and Marsden Streets and is 200 metres from the town centre.The ComplexFeaturing 9 x one bedroom units, 1 x three bedroom unit and 1 studio apartment. All units have full kitchens, Sky TV and queen-size beds. The building also has a heated spa pool and laundry for guests use. The property is attractive and has been well maintained by the current lessee.

Business OpportunityThe tourist season is looming large and with the historic significance of Waitangi’s Treaty grounds just minutes away and cruise liners anchored in the Bay of Islands, it surely is amongst New Zealand’s favourite holiday destinations.This is an opportunity to take ownership of the business and capitalise on the benefits of an established clientele. The property should continue to command a consistency in all seasons by virtue of its location and the area’s many attractions.This business will introduce the new owner to, not only a lifestyle, but equally a friendly and welcoming community. Offering an ‘eyewatering’ return on investment, Bayview Motel represents exceptional value.

website ID #11903

Prime position on Paihia’s waterfront

Recent upgrade of all apartments

Very popular with families and corporates

Low entry price/high return

200 metres to the wharf, cafe’s and shopping

Easy access to a range of tourist orientated daytrips

Above average occupancy

Return on investment around 40%

$ 250,000

PROPERTY BENEFITS

ASKING PRICE

CONTACT DETAILS

P: +64 21 1478 034E: [email protected]

Allister Simpson Michael Osborne Lindsay Sandes

Having operated an Immigration Consultancy Business in Auckland from 2009 and an Adventure Tourism Company in Queenstown from 1997 to 2003, such experience is invaluable in attracting and dealing with the increasing number of overseas investors and immigrants interested in buying properties or businesses in the tourism sector.

WHANGAREI TOP 10 HOLIDAY PARK

Going Concern - Whangarei

premier Holiday Parks group. This business would suit those new to the industry or an experienced Holiday Park operator able to add their own personal touches. This property has been in the family for the last 18 years and is truly a credit to them, we recommended that you see the property to appreciate all of its attributes. There is also the option of purchasing or renting two adjacent four bedroom homes, one of which has been rented as a motel unit and the other as the owners accommodation.The ComplexWith facilities that have enjoyed recent significant expenditure, this Qualmark 4 star plus rated property can cater for all types of travellers, be it corporate or holiday makers. There is varied accommodation options from powered and non-powered sites, cabins and motel units.

Quality Holiday Park In New Zealand’s Most Popular Summer DestinationLocationSituated in the Northern most city in New Zealand, the Whangarei TOP 10 Holiday Park is located less than 2 kilometers from the CBD in tranquil settings adjacent to the Parihaka Scenic Reserve and within easy reach of over 100 beautiful beaches. Whangarei enjoys a sub-tropical climate and is one of the warmest cities in New Zealand, offering an enviable lifestyle. Northland is NZ’s most popular summer tourist destination (Automobile Association April 2014 survey).The OpportunityA rare opportunity to secure one of the finest examples of a Holiday Park and the chance for some new blood to take the business to the next level. Being one of 49 TOP 10 Holiday Parks nationwide and the fantastic support that this offers for marketing and strategic business direction with New Zealand’s

website ID #12834

Substantial sales and profitability

Opportunity to purchase or rent 2 adjacent homes

One of 49 TOP 10 Holiday Parks nationwide

Significant expenditure on key assets

Rated Qualmark 4 star plus and Enviro Silver

The only TOP 10 in Whangarei

$1,600,000

PROPERTY BENEFITS

ASKING PRICE

CONTACT DETAILS

Affordable long land lease with term expiring 2068

Trip Advisor 2014 Certificate of Excellence



Having operated an Immigration Consultancy Business in Auckland from 2009 and an Adventure Tourism Company in Queenstown from 1997 to 2003, such experience is invaluable in attracting and dealing with the increasing number of overseas investors and immigrants interested in buying properties or businesses in the tourism sector.

(Subject to Council Lease expires 2068)

TUSCANY VILLASBusiness - Rotorua

There is an air conditioned conference room with comfortable seating for up to 40. There is also an intimate meeting room that seats up to 6 people. The beautiful reception area is both airy and welcoming. There is an easy flow from reception to the living area and the laundry, affording ease of operation. The OpportunityTuscany Villas has been a consistent performer with the income increasing since 2010 and is now achieving well above the industry norm. This business ticks all of the boxes, an exceptional owners home, low maintenance buildings and is ready for a new owner to take this business to a new level.

website ID #12325

P: +64 21 33 54 88E: [email protected]

Ray Hart Michael Osborne Lindsay Sandes

An extremely long lease

40 seat conference room plus 6 seat meeting room

Great location - huge number of local activities

Executive owners home

Substantial Income

Low maintenance

Well marketed

$ 850,000

Awards achieved: Salesperson of the year 2009, runner up salesperson of the year 2010, $10 million milestone award 2010, salesperson of the year 2011, $20 million milestone award 2011, Salesperson of the year 2012, $40 million milestone 2014 and Salesperson of the year 2014

PROPERTY BENEFITS

ASKING PRICE

CONTACT DETAILS

28 luxurious suites

One Of Rotorua’s FinestLocationLocated on Rotorua’s ‘motel mile’ amongst a number of well-presented motels. Rotorua is one of the tourist meccas of New Zealand and enjoys a range of clientele from offshore, corporate and locals. Conveniently situated within walking distance of town.The ComplexTuscany Villas can only be described as luxurious. It is so good it has become one of the Heritage Boutique properties. The complex has been built to a very high standard and would satisfy the most discerning purchaser. There are 28 suites in total, comprising of 18 x studios, 8 x one bedroom and 2 x two bedroom suites. All are fitted out with flat screen TV’s, high quality chattels and spa pools.

BAY PALM MOTELBusiness - Mount Maunganui

Accommodation & FacilitiesThe Bay Palm Motel offers guests the complete package. This motel has been impeccably maintained with the rooms and chattels presented to a high standard and the complex having head turning street appeal. 16 units offer an assortment of fully equipped studios, 1, 2 & 3 bedroom (adjoining) rooms that cater for large numbers of corporates, families as well as local and international tourists that frequent the area. A conference facility that seats 40 people (theatre) and a beautiful heated swimming pool combine into what is a wonderful complex.Owners HomeTo complete the package is a very well presented 3 bedroom, 2 bathroom home with a large family kitchen, open plan living area with outdoor patios and plenty of storage. There is also internal garaging along with space to park your boat!

Location, Location, LocationThe Opportunity & LocationThe Bay Palm motel is perhaps one of the most perfectly located motels in the Bay of Plenty. As you walk out of the motel, turn right and you are a few minutes walk to the white sands of the Mount Maunganui beaches, turn left and only a few minutes walk away is the regions biggest shopping mall, the regions biggest stadium (ASB Stadium) and the huge family attraction known as the Baywave Aquatic Centre. 5 high quality golf courses are also in close proximity. Simply put, Bay Palm Motel has a captive market - if you are considering a lifestyle alternative or a new direction then consider the Bay Palm Motel, you will be walking into a fantastic income and an enviable lifestyle.

website ID #13016

18 years tenure

Sizeable three bed, two bath owners home

5 high class golf courses in close proximity

5 minute walk to the Mount Maunganui beaches

ASB Stadium, Bayfair Mall & Baywave close by

Conference centre & heated swimming pool

$850,000

PROPERTY BENEFITS

ASKING PRICE

CONTACT DETAILS


Gordon Fridge Michael Osborne Lindsay Sandes

Are you contemplating SELLING? If so you will want to know what your business is worth. BUYING? Wanting to know more about Motel Businesses or Management Rights?Contact me for a confidential, no obligation chat today.

BENEFIT OF BABY BOOMERS By Gordon McGregor

It is fascinating that there is not more focus on the opportunities around business ownership in the tourism sector. So why do we not hear much about the motel market? We can only suggest that there is very little in the way of motel market statistics available because of the segmented ownership structures and the lack of a unified body which sets out to provide up to date and relevant statistical analysis. Resort Brokers intends to change that and you will hear more on this point in the near future.

We often forget to let people know about the opportunities around:• Refurbishment of existing businesses that have not kept up with the times• The effects of existing motels being demolished or converted into alternative uses giving rise to new build opportunities• New build opportunities around generic increased tourism spend• Huge growth potential in some major origin markets such as China• More positive attitude of the Banks towards lending in the tourism sector• Benefits of new technology in terms of bookings and adminAnd most importantly:• The positive demographic influences.

For now we are going to focus on the positive demographic influences - namely the ‘Baby Boomers’.

The Baby Boomers will create our futureThe ageing population has two main positive effects on our sector of the market, namely:1. Increased tourism due to more people with time to spend on travel, and2. More buyers for our businesses.So with no other influences, we can expect to see dramatic growth in the quantity of room nights sold, boosting new build opportunities, increasing profits of existing businesses through higher occupancies and subsequent increases in room rates. This demographic driver alone will be responsible for most profitability increases which will be experienced in tourist accommodation businesses.

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Little research has been conducted on the effects of ageing population on tourism numbers. However, the raw data is evidence enough to suggest the positive influences will be significant. The statistics, as produced by Statistic New Zealand and used to produce the following graphs give us some insight. Those over 40 currently represent around 44% of the total population or circa 1.9 million people and those already over 65 represent approximately 13% of the total population or in excess of half a million people. It is predicted that by 2030 the over 40’s will represent over 50% of the total population and those over 65 around 25%.

The predicted growth in the ageing population is a trend experienced in many other developed countries around the world. So what does this mean to us here in little old New Zealand? Well quite a lot really because as populations age then more people are free to travel and explore other parts of the world and New Zealand has always held an international charm because of its beauty, splendour, contrasts and the perception of being clean and green.

Couple the worldwide growth in retired populations with the emerging nations then the long term prospects for tourism growth from both external and internal sources is more than exciting.

So where do you fit in? • If you are an existing participant in the industry you have a duty to sing the benefits from the rooftop. Remember that increased public awareness will help you sell your business in a meaningful timeframe as such knowledge will naturally lead to an escalation in buyer demand. • If you are a baby boomer and your job is less than secure then you should consider entering our industry. The barrier to entry is only a modest amount of money and the courage to change your current circumstances. It appears that we may all have to work a little longer than we hoped to ensure a comfortable retirement. Why not switch to an exciting and vibrant industry where you can be your own boss? And the chances are you will make more money than you ever have in the past.It surprises us that many more people have not clicked to the opportunity but instead have opted to continue the drudgery of their existing corporate lives. It is time to wake up and make decisions that will enrich your future.

The skill levels required to enter the industry are not high and a well-presented couple that are friendly and have basic business skills can prosper. Often you can also get out of the hustle and bustle of the big cities and relocate to the more pleasant tourist locations – or areas which allow recreational pursuits such as fishing, golf etc. Warmer climate might be a driver.

The choice is always going to be yours but we invite you to consider participation in New Zealand’s number one earner of foreign exchange that has a fantastic future.

For further information, or if you would like to discuss this article, please contact Gordon McGregor on 021 99 88 [email protected] Continued in next issue

COROMANDEL TOP 10 HOLIDAY PARKFreehold Going Concern - Coromandel Town

the available options.Accommodation & FacilitiesThis is a superb property that is extremely well configured. Coromandel TOP 10 has approximately 24,000 adult and 5,000 children guests visit the park per annum. There are numerous accommodation options from powered and non-powered sites to motel units and a luxury four bedroom villa. Money has been spent on modern facilities such as a heated swimming pool, three cooking blocks and an undercover outdoor dining/function area being just a few of the facilities on site.Owners/Managers HomeA huge villa from yesteryear has been renovated to a very high standard and boasts four bedrooms, two bathrooms, wrap around decking, a high stud and a selection of heat pumps, ensuring comfort for a fantastic family home.

Substantial FREEHOLD Holiday Park Or GOLDMINE!The OpportunityThink about it - how often do you see a FREEHOLD Holiday Park for sale? Well I can do better than that, on offer is a freehold holiday park in the heart of Coromandel Town, in the heart of one of NZ’s tourist meccas. Set on approximately 1.4866 hectares (7 separate titles) this impeccably presented property is being offered to the market for the first time in a number of years. The existing owners have invested substantial time, thought, energy and funds to turn their holiday park into one of the very best around. Producing a mighty income that will make you sit up and pay attention, this holiday park will offer the new purchaser a number of options. Keep the freehold and sell off the business entity or run as is and enjoy an amazing income and lifestyle. If you are in the market call me today and I will walk you through

website ID #12858

Trip Advisor 2014 Certificate of Excellence award

Located in one of NZ’s great tourist hot spots

On town supply for water and sewage

4 star plus Qualmark rated

One of 49 TOP 10 Holiday Parks nationwide

Subdivisional potential

$ 3,750,000

PROPERTY BENEFITS

ASKING PRICE

CONTACT DETAILS




Modern well maintained facilities

Large family owners home

AOTEA LODGEBusiness- Wellington

The OpportunityThe Motor Lodge has benefited from a substantial upgrade, now providing first class accommodation and facilities. With 35 units, Aotea Motor Lodge is one of the largest in the Wellington Region to be able to fully cater for conferences on site.The opportunity exists for a new purchaser to continue growing the business.

Realise The Potential And Enjoy The Profits The ComplexAotea Lodge is a well-known long established 35 unit accommodation and conference centre. The complex has three purpose built conference facilities, a ‘Whitfords’ Licensed restaurant, cafe/breakfast area and a separate three bedroom owners accommodation. Aotea was built in 1985-86 with the early attention paid to landscaping, resulting in an attractive, peaceful environment enjoyed by guests and conference participants year round. An opportunity not to be missed - long term owners are retiring.LocationAotea Lodge overlooks the beautiful Porirua Harbour and is Immediately adjacent to the Royal NZ Police College which provides a regular source of clientele.

website ID #12979

35 units

150 metres from State Highway One

15 minutes drive to Inter Island Ferry

Able to fully cater for conferences on site

20 minutes drive from Wellington CBD

2 minutes drive from Porirua City centre

$1,060,000

PROPERTY BENEFITS

ASKING PRICE

CONTACT DETAILS

Long lease - 27 years

Immediately adjacent to the Royal NZ Police College


Brent Hannah Michael Osborne Lindsay Sandes

Brent has been involved in commercial real estate for over 35 years, specialising in motel sales.Brent has owned and operated both freehold and leasehold motels and is currently a director and shareholder of motels in Wellington and Hawkes Bay.

BRYLIN MOTELFreehold Investment - Rotorua

There are four spacious well-appointed studios and seven large two bedroom units that cater for the family visitors. Brylin Motel is part of the Golden Chain Group and has a Qualmark 4 star rating. The OpportunityFreehold investments of this quality are very hard to find. Recently refurbished, this property will ideally suit aninvestor looking for a quality investment. The property is deserving of an inspection and would be a wonderful investment for any trust or private portfolio.

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A Little GemLocationBrylin Motel is well situated on Fenton Street and is easily accessible to guests arriving to Rotorua from the South. It is only a short drive from the town centre, shops, cafes and restaurants.The ComplexThe reception, living areas of the business owner’s accommodation and three studios are at street level, with access to the balance of the units down a driveway to the left of the property. The business owners home is a spacious threebedroom home with the kitchen, dining and lounge accessible from the airy reception and the bedroom downstairs.

Yield of 7.5%

All units presented to a high standard

Great location on approx 1,016m2 land

Long Lease - expires 2040

Experienced tenant

Circa 15 years old

$ 1,200,000

PROPERTY BENEFITS

PRICE

CONTACT DETAILS



Awards achieved: Salesperson of the year 2009, runner up salesperson of the year 2010, $10 million milestone award 2010, salesperson of the year 2011, $20 million milestone award 2011, Salesperson of the year 2012, $40 million milestone 2014 and Salesperson of the year 2014

ASTRO ACCOMMODATIONFreehold Going Concern - Taupo

NZ Resident Or New Immigrant - This Has AppealIconic TaupoLive in iconic Taupo by purchasing this appealing accommodation business and real estate. Located close to Taupo’s business district, only a brisk stroll from retail areas and a vast selection of restaurants, to the spectacular lakefront with views to Mt Ruapehu. The BusinessAstro is a member of Arra Accommodation Group, which is positioned with accommodation to suit every travel need throughout Australasia and sets a new standard in affordable accommodation.Room flexibility in today’s accommodation business is the key, regardless of a clients budget. Astro Acommodation presents Taupo’s most flexible, value-for-money accommodation solution - “The Perfect Room Recipe” that stands above the

competition.AccommodationGuests can enjoy an inviting lounge/kitchen with big screen plasma TV and Digital Sky, trendy furniture and laid back atmosphere. The communal kitchen includes a full sized fridge, oven and cook top, microwave, plenty of crockery, cutlery and cupboard space. Additionally the complex has a guest laundry, fax and copy services and wireless broadband internet access. Room combinations comprise of ensuite twin, double and quad rooms or shared bathroom budget and deluxe single, twin and triple rooms plus one dorm room.The owners accommodation consists of an open plan two bedroom apartment.Astro Accommodation attracts a cross section of clients - business, leisure, school and sports groups.

website ID #128011


Lindsay Sandes Michael Osborne Lindsay Sandes

Freehold Going Concern selling less than rebuild cost

Member of Arra Accommodation Group

Up-market accomm for the budget conscious traveller

Plenty of off-street parking

Business with location, location, location

Massive business upside for an owner-operator

20 rooms to suit all budgets

$ 1,500,000

PROPERTY BENEFITS

ASKING PRICE

CONTACT DETAILS



THORNTON BEACH HOLIDAY PARK Leasehold Going Concern - Whakatane

offer all guests 4 plus star Qualmark accommodation.The DevelopmentAlready in place and completed is Stage 1 of a development which is adding to the holiday parks impressive income. Stage 2 has consent and is ready to get underway - are you up for the challenge?Owner’s HomeThis stunning and very sizeable owners home, consisting of three bedrooms and three bathrooms, will ensure your family will have the perfect home in an idyllic location. You will enjoy a sea view from the very large, open plan kitchen, lounge and front deck area, as well as a rural outlook from the huge back patio. Additionally there is a fully self-contained relief managers/granny flat. This well configured property with fantastic storage is a must see.

A Beachfront Holiday Park Like No OtherThe OpportunityThornton Beach Holiday Park is simply one of the best holiday parks you will come across. Set on over 7 hectares of beachfront land and in absolute A1, pristine condition. Located in one of NZ’s summer tourist hot spot regions, guests flock to the park. All infrastructure and facilities are modern and impeccably maintained. Thornton ticks all the boxes - lifestyle and substantial income with foresight and thought by theexisting owner to ensure that this income will continue to grow year by year. Valuation available on request.Accommodation And FacilitiesThe existing owner has heavily invested in the park. All facilities are of a high standard and are appreciated by guests. The huge ablution block can only be described as ‘state of the art’ and is appreciated by all guests. Thornton Beach is able to

31 + 33 year lease with attractive terms

Tourist attraction of White Island nearby

Beachfront location

Short distance to Whakatane township

5 quality golf courses in close proximity

$2,550,000

PROPERTY BENEFITS

ASKING PRICE

CONTACT DETAILS




website ID #128212

Extra 3 bedroom house for partnership family

Income could suit 2 couple ownership

An array of accommodation options

IMMIGRATION By Allister Simpson

I would like to introduce myself as I am excited to have recently joined the Resort Brokers Team and look forward to creating new opportunities and avenues for New Zealand’s leading Business Brokerage of Tourism businesses’ and properties. I will be concentrating on the Whangarei and Northland areas.

Having operated an Adventure Tourism Business in Queenstown for seven years and employed at a leading Immigration Consultancy company in the United Kingdom for five years, I established an Immigration Consultancy in Auckland in 2009 to assist migrants and those seeking assistance to purchase businesses with their move to New Zealand.

Such experience is invaluable in attracting and dealing with the increasing number of overseas investors and immigrants interested in buying properties or businesses in the Tourism Sector, and as a fully licensed Immigration Adviser (IAA 20901795) I can provide authorised advice and assistance to potential purchasers.

If You Are Considering Selling Your Business

• With extensive contacts in the United Kingdom, Europe and Asia your business will have increased exposure to those markets.

• I regularly travel to the UK to attend Migration Expos and Seminars with Immigration Consultancies and associate partners. Through our extensive network, Resort Brokers listings are able to be presented on the international stage.

• With a genuine passion and commitment to the Tourism and Hospitality industry, I take pleasure in assisting those considering entering the industry with the process of doing so.

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The Figures

• Last year 71,000 foreigners decided to make New Zealand their home, the highest number for 11 years.

• Fewer New Zealander’s are departing for Australia – In April this year only 200 departed.

• New Zealand had a net migration increase of 34,400 last year – the highest increase in 10 years.

• Arrivals to the year-end June have shown stellar performance from key international visitor markets - with total annual arrival growth of almost 6 per cent equating to 150,000 extra visitors for a total of 2.79 million visitors.

This means that with fewer New Zealander’s departing, increasing numbers of expatriate New Zealander’s returning looking for business opportunities and our beautiful country continuing to be one of the most desirable country’s in the world to emigrate to, Resort Brokers is well positioned to provide comprehensive service and assistance to all potential purchasers.

UK Seminar In October

I will be travelling to the UK in early October and will be representing selected Businesses and Properties listed with Resort Brokers. I would be delighted to promote your business or property to a targeted audience who are not only interested in purchasing a tourism business in New Zealand, but are also eligible to meet the strict Immigration requirements of New Zealand, for which we will be able to provide assistance through our preferred partner in the UK - The Emigration Group who will be promoting our listed business and properties through their extensive database.

Should you be interested in this opportunity, there are limited places available for a minimal cost of $400 + GST to contribute towards advertising, printing, room hire and other incidental expenses. To put forward your business to this audience please contact your local Resort Brokers Representative or myself for further information.

The Seminar And UK Exposure Will:

• Have your property presented to the hospitality industry throughout the UK

• Those attending the seminar are a targeted audience and will meet the strict immigration requirements of New Zealand

• Additional associate partners with whom I have had long standing relationships with will attend including shipping, currency exchange and banking to provide expertise in all areas of purchasing a business and moving to New Zealand.



Allister SimpsonLicensed Immigration Advisor200901795


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Ron Lamb Michael Osborne Lindsay Sandes

HECTORS, KINGSTONFreehold Going Concern - Queenstown Lakes

Independent Holiday ParkLocationLocated in the heart of Kingston in a quiet location with aneighbouring reserve, two minute walk to the Corner Cafe and bar and Lake Front of Lake Wakatipu. Handy to the Remarkables Ski-field, Queenstown airport and midway between Wanaka and Te Anau. There are a multitude of attractions. Excellent recreational, walking, fishing, boating, skiing, cycling and four wheel drive tracks. The ComplexThe complex has a real kiwi-style character for independent travellers looking for something different. Quaint cottages with their own character. Safe, spacious, secluded campervan and tent sites. Four motel units are the newest addition to the complex and generate significant income. Hectors is the perfect place to relax and is the only licensed place to park a

campervan in Kingston. A recently refurbished and upgraded holiday home is also available, immediately adjacent to Hector’s. This is already a great income earner with great potential for further development.Owner’s AccommodationModern, spacious two/three bedroom house with a large log burner. Reception accessible.Business OpportunityKingston is the gateway to the Southern Lakes and is within easy reach of Queenstown, Glenorchy, Arrowtown and Central Otago and so deserves a two or three day stay. Sales revenue in this business is exceptional. Purchasers may wish to consider management personnel.

Large land area approximately 11,988m2

Four modern 4 star Motel units, two with spa baths

Famous local attractions

Kiwi retro-style cottages

NZ Motor Caravan Association

“The Roost” - Adjacent holiday house also for sale

Around the Mountains Cycle Trail Start/End

Amenities block, kitchen, palour

$ 1,100,000

The hospitality industry and education sectors have taught Ron that interpersonal relationships are developed by genuine hard work, honesty, fairness and being ethical at all times. Ron will listen to your needs, keep you informed of progress and be positive about outcomes.

website ID #126314

PROPERTY BENEFITS

ASKING PRICE

CONTACT DETAILS

Business - Auckland

The ComplexBased on Auckland’s vibrant North Shore, in a superb location this resort boasts studio, one, two and three bedroom units, designed to suit any guest needs. Add palm trees, lush plantings, heated outdoor pool and spa plus a meeting room and the recipe for success is evident. In addition, the motel has a generous service area, laundry, motel kitchen and a welcoming reception with ample secure parking.Owners Accommodation Unlike most motels, the owners accommodation is a stand alone four bedroom executive home with private gardens plus a bonus double and two single garage storage units.

website ID #126215

Executive Owners Home and Motel ComplexThe OpportunityAlways a winner, this motel business has many years of consistent sales and produces a six figure annual surplus for the owner. With good tenure of lease, imagine earning $14.4 million dollars, based on current earnings, if you owned this until the lease expires or is renewed. Forget working as an employee, take this on, back yourself and reap the rewards.

Self employment with security

Heated outdoor pool and spa

Massive street presence

Close to superb schools and sporting facilities

Wealth creation for an owner operator

Big enough to run under management

Yield approximately 25%

$ 1,170,000

PROPERTY BENEFITS

ASKING PRICE

Corporate and leisure business


Lindsay Sandes Michael Osborne Lindsay Sandes

Lindsay is a professional business broker who has attained numerous successful sales of Motel Freeholds, Business Leases, Freehold Going Concerns, Franchised Service Apartments, Hotels and Management Rights.

CONTACT DETAILS

MARKETING WORKSSelling Agents Not Just Listing Agents - We Boast On Average One Sale Per Week

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Lodge Bordeaux

Frimley Village

Capri on Pilot Bay

Anglesea Motel

Kerikeri Park Motel

SOLD

SOLD

SOLDSOLD

SOLD

SOLD

SOLDSOLD

Chantilly’s Motor Lodge

Executive on Fenton

Call Us To Have Your

Property Here

Recent Sales Include:

Bella Vista Te Anau - Business

Le Chalet Suisse, Taupo - Business

Executive on Fenton, Rotorua - Freehold

Bavaria Bed & Breakfast, Auckland - Business

Pacific Coast Motor Lodge, Whakatane - Business

Three Oaks, Hawkes Bay - Freehold

Crown Lynn, Auckland - Management Rights

Paihia Central - Freehold Going Concern

Burgundy Rose, Whangarei - Business

BK’s Rotorua - Business

Ann’s Volcanic, Rotorua - Freehold Going Concern

Reef Apartments, Mount Maunganui - Mgmt Rights

Palm Pacific Resort, Whangamata - Mgmt Rights

Bianco Off Queen, Auckland - Management Rights

Amici Motel, Hastings - Business

Cortez Motor Inn, Whakatane - Business

Capri on Pilot Bay, Mount Maunganui - Mgmt Rights

Colonial Motor Lodge, Taupo - Freehold

Turangi Bridge Motel - Business

Greyfriars Motel, Wairarapa - Business

No One Sells More Accommodation Businesses Than Resort Brokers

Bella Vista Te Anau

FRIENDLY BUNGALOWS RESORTLeasehold Going Concern - Vanuatu

floor and doors. The bathrooms have hot water showers and flushing toilets with coral floors. Also on site is a restaurant offering guests a taste of local cuisine and a massage hut.OpportunityYou have the option to be based in tropical Tanna or Port Vila and benefit from the lifestyle and culture while you actively work the business, or you can continue with the current management structure that has been in place for the last seven years, keeping local management on site and visiting at your leisure, the choice is yours.

Tax Free Haven - Invest In An Island ParadiseLocationFriendly Bungalows Resort is an oceanfront eco-resort, an international favourite for tourists wanting to immerse themselves in local culture and soft adventure. Friendly Bungalows Resort is situated on its own private beach on the East Coast of Tanna, only 30 minutes drive from popular tourist attraction, the live volcano of Mount Yasar. Tanna Island is an approximate 30 minute flight from the capital of Port Vila and is the most popular tourist island of the archipelago outside the capital.Accommodation & FacilitiesThe Resort offers 8 x one and two room oceanfront accommodation experiences. The bungalows are made in the traditional Melanesian way with all local materials including thatched natangora and coconut roof, timber and bamboo

website ID #129517

300m absolute ocean frontage

Restaurant and massage hut on site

Permanent water source - natural spring

Environmental paradise

Closest accommodation to Mount Yasar Volcano

Rich in local culture

AUD$695,000

PROPERTY BENEFITS

ASKING PRICE

CONTACT DETAILS


Wayne Keene Michael Osborne Lindsay Sandes

Wayne has been a specialist in the Tourism Industry for over 20 years and one of the founders of Resort Brokers in 2002. Whilst dedicated to the continual growth of the company, Wayne also enjoys the challenge of representing new clients both locally and internationally.

Tax free haven

Option to keep existing management

GORDON FRIDGE

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Cortez Motel, Whakatane

To find out how I can assist you in the sale or purchase of a business or property, Please contact me:Ph: 0221 569 330 [email protected]

SOLD

SOLD

SOLD

SOLD“I am never too busy to take your referrals”

“We have been in the Motel Industry for 20 years and have 14 transactions involving the Sale and Purchase of various Motel Properties.We have recently sold a large motel in Taupo using Resort Brokers as our broker.Their agent Gordon Fridge was the listing agent and went on to complete the sale process for us.We found Gordon absolutely committed to the Listing. He offered great advice on promoting the property for sale, was extremely professional and accommodating in his manner and when at times things got testing he offered some welcome humorous reassurance. His mediation between us as the Vendor and the Purchaser was instrumental in bringing the deal together.We really appreciated his continuous feedback on any prospective purchaser, and once the Sale and Purchase agreement had been signed by both party`s he was constantly keeping us informed with how the deal was progressing. We found this very reassuring.In summarising we found Gordon Committed, Professional and likeable.We have no reservations in recommending him to anyone intending to market their property or to Purchase a property in the Hospitality sector.”Julie and Ross Candy, Chantilly’s Motor Lodge

“We can’t speak highly enough about the service and advice given to us by Gordon Fridge of Resort Brokers, firstly when purchasing a motel lease in Whakatane and then when we recently on sold the lease.There is quite a few things to consider when becoming a first time motelier, but Gordon’s many years of experience in the industry makes decision making and the whole process run smoothly. His communication skills with all parties from Seller, Purchaser, Landlords, Accountants and Solicitors highlights the professionalism he brings to the whole process.We therefore have no hesitation in recommending Gordon Fridge if you are looking at entering the motel industry or selling out of an existing motel.”Chris & Gerry Pogan,

Testimonials

“We listed solely with Gordon Fridge of Resort Brokers primarily because of his energy, enthusiasm and excellent knowledge of management rights. Gordon was extremely proactive ensuring that we presented the resort and business well, provided professional accounting material to potential buyers while participating in Resort Brokers weekly nationwide advertising and marketing plans. We signed the agreement 17th February and were immediately impressed with the numbers of serious buyers Gordon brought through. There were four couples over the 4 weekends in March culminating with an offer and acceptance on 12th April, very close to the asking price! We were guided through the due diligence phase thoroughly by Gordon and when the changeover occurred he was there ensuring all went smoothly to plan. When we first signed up we never expected to be listing in February and then sold in May so were extremely pleased at the speed. We did have a good product to start with but we really do believe that it was Gordon’s expertise and enthusiasm that made the difference. With his involvement we always felt confident that we would get a sale we just never imagined it would be so fast. If you are looking to sell or buy a business we have no hesitation in thoroughly recommending Gordon Fridge. He will work extremely hard for you while always being open and honest.”Don Raine, Palm Pacific Resort

Reef Apartments, Mount Maunganui

Properties SOLD By Gordon This Financial Year

Capri on Pilot Bay, Mount Maunganui

Palm Pacific Resort, Coromandel

AOTEA MOTOR LODGEBusiness - Wanganui

AccommodationEach of the 28 quality units have their own spa bath. The units are cleverly designed to provide space with top quality facilities and chattels. Some units combine to provide privacy andadditional bedrooms for that family occasion.Owners AccommodationA dream home at your work place. Again, designed with the family first. Five bedrooms for a big family or turn spare rooms in to a study or games room. The children can enjoy their home, while Mum and Dad can enjoy the business right at the front door.No one ever regretted buying quality.

Quality, Quality, QualityThe OpportunitySimply the best? Opened just over six years and already one of the leading Motels in Wanganui. Every room has been thoughtfully designed to provide more space, better furniture, fully equipped kitchens and household facilities. And the business is growing every month. Not surprising when you arrive and step into a real welcoming reception area and office.LocationSituated in the heart of the city with restaurants, shops and attractions just down the road. Close to the major highways. Wanganui offers a way of life in an attractive city with its own micro climate. This is a great business away from the ‘maddening’ crowds.

website ID #127519

New 30 year term

5 bedroom owners accommodation

Management dream! Most services contracted out

Excellent corporate trade

Very healthy bottom line

28 Spacious units with quality fitout

Negotiable

PROPERTY BENEFITS

ASKING PRICE

CONTACT DETAILS


Bill Sinclair AREINZ Michael Osborne Lindsay Sandes

Bill Sinclair has been in the building, Real Estate and Commercial Property Management Industries for 40 years.Bill ran his own Motel in Hawkes Bay and understands the organisational aspects and budgeting required to make your business work. He is never too busy to take your call.

Located in the heart of the city

website ID #1228

CHEVIOT PARK MOTOR LODGEFreehold Investment or Business - Whangarei

The Opportunity1. - The Freehold Investment - the land and buildings2. - The Business only - chattels, goodwill and benefit of a brand new 30 year lease term; or3. - Own the whole lot!Cheviot Park Motor Lodge represents an excellent opportunity for either experienced or new people looking to enter into the Tourism Industry. The property has been successful from almost day one with a number of lessees enjoying a good income through their tenure

High Yielding Investment From A Proven MotelLocationCheviot Park Motor Lodge is ideally situated in the heart of Whangarei and is located on the main arterial route North known as Western Hills drive. The city centre is approximately 2 kilometres away, it is also conveniently placed to cater for families of patients at the Whangarei Hospital which is only 650 metres away.The ComplexAll of the 15 units are on ground level, there are also 2 threebedroom homes linked by a common walkway and a stand alone three bedroom owners residence which occupies the upper level of the reception and conference facility. There is also a double garage located at the rear of the property.

website ID #1287 & 127020

The business on it’s own returns 30%

All ground floor units

Conference facility

New 30 year lease term for the business

Located on the popular Western Hills Drive

Options - buy freehold land, business or both!

$450,000 Business

PROPERTY BENEFITS

ASKING PRICE

CONTACT DETAILS



I have operated an Immigration Consultancy Business in Auckland from 2009 and an Adventure Tourism Company in Queenstown from 1997 to 2003. Such experience is invaluable in attracting and dealing with the increasing number of overseas investors and immigrants interested in buying properties or businesses in the tourism sector.

650 metres to Whangarei Hospital

$2,050,000 Freehold Investment

SPECIALISTS TO THE INDUSTRY

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Morgan Coakle Lawyers

Morgan Coakle is a long established full service law firm. We pride ourselves in providing a high level of technical expertise to our clients, without losing focus on achieving their commercial aims. There is no point in being great at what you do, if the transaction suffers as a result of a pedantic legal point being taken by a lawyer!

Morgan Coakle regularly acts for buyers and sellers of property and businesses, for landlords and tenants in respect of leases (including new leases, rent reviews, variations and lease extensions), and we provide employment advice relating to the buying and selling of businesses. In particular we regularly act for people buying and selling management rights businesses and also hotel and motel businesses.

Even with the use of some standard form contracts these days, the devil is in the detail and there are often fish hooks in terms of what is there, and often, what is not there. With our expertise we can guide you through the whole process, working with your accountant and other advisors including setting up your asset structure (company and/or trusts), with the focus on achieving the best end result for you.

If disputes do arise, as they do unfortunately from time to time, Morgan Coakle has significant depth in its dispute resolution team and can work with you in respect of issues that arise.

As a result of that strong commercial focus and a reputation of being deal makers and not deal breakers, we have long-standing relationships with most of our clients who include individuals and families, businesses, and other large corporate and commercial organisations.

At Morgan Coakle, we cannot emphasis enough that it’s our job to help make the law work for you. Please contact either Kevin Martin or Anthony Kuran to see how we can work with you to achieve your desired outcome.

Email: [email protected] or [email protected]

Telephone: +64 9 379 9077

Fax: +64 9 379 9155

www.morgancoakle.co.nz

Hirum is Changing...

The Leading Hospitality Software Just Got Better

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If you are interested in selling or buying within Tourism please contact: Gordon Fridge M: 0221 569 330 E: [email protected]

Have a look at what excellent, targetedadvertising can achieve!

I make it my job to understand what a vendor wants and requires before recom-mending a marketing campaign. Our special relationship with the Sunday Star

Times allows me to offer my vendor a variety of suitable campaigns, giving the mar-keted property nationwide exposure to huge readership numbers. Phone calls and email inquiry is at an all time high as are property inspections. And I am selling

more properties now than I ever have.

The Sunday Star-Times offers immediate responses, with an extraordinary number of inquiries whilst the Resort Brokers ‘Tourism Informer’ provides the ongoing pro-

file and longer term exposure as it remains available through a season for those who may be considering an entry into tourism accommodation – but are not quite ready

to make those immediate inquiries.

This successful print media duo is also underpinned by our Resort Brokers mar-ket-leading website which generates an impressive amount of overseas inquiry. All

vendors need to regard advertising as a very worthwhile and necessary outlay when selling. These results speak for themselves. My business has developed significantly with new buyer inquiry from every advert for every business – giving the widest

possible buyer pool for me to refer to your business.

Gordon Fridge, Resort Brokers

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P: +64 21 479 [email protected]/Wanaka/Cromwell/Central Otago

Ron Lamb


Allister Simpson

P: +64 21 0231 2796E: [email protected] and Media

Murray Stott

Hawkes Bay/Gisborne

Gordon Fridge

P: +64 221 569 330E: [email protected] of Plenty/Coromandel

P: +64 21 976 907E: [email protected]/Whanganui/Wellington/Wairarapa

Bill Sinclair

Documents

the Tourism Informer Spring '14