SOLD: Auck CBD Backpackers. Working Owner Profits $500,000+

SOLD by Mike Ponsonby

This award-winning Backpackers offers safe, clean, friendly and cost-effective backpacker accommodation in a central Auckland prime location.
Currently run by a very capable general manager, this accommodation offers a range of rooms to suit every traveller’s needs, plus a well-equipped kitchen, several chill-out areas, and a large communal area.
With tourism still not fully bounced back this business still looks to have serious upside. An incoming owner should be able to increase the occupancy rate and grow the bottom line with forecast profits exceeding $580,000 in FY 2024.

Business Highlights
- FY23 working owner profits of $500,000
- FY23 Fully managed profits of $380,000+
- FY24 Forecasted working owner profits of $580,000+
- 20 guest rooms
- 100 beds in total
- Currently run under full management
- Premier city centre location
- Award winning backpackers
- Large outdoor area

Want to find out more or arrange a viewing of this stellar accommodation business? Give Mike Ponsonby a call today to discuss 021 450 049.

Asking Price: $1,150,000 + stock of $2,000
Listing ID: KA2270