Spring 2014 - Resort Brokers

spring
2014
TM
selling tourism properties & businesses nationwide
www.resortbrokers.co.nz
THE TOURISM INFORMER
Contents
Growing The Team
Front Page
Contents
Bayview Motel, Bay of Islands
Whangarei TOP 10 Holiday Park
Tuscany Villas, Rotorua
Bay Palm Motel, Mount Maunganui
Article: Benefit of Baby Boomers
Coromandel TOP 10 Holiday Park
Aotea Lodge, Wellington
Brylin Motel, Rotorua
Astro Accommodation, Taupo
Thornton Beach Holiday Park, Whakatane
Article: Immigration
Hectors, Queenstown Lakes
Motel Business, Auckland
Marketing Works
Friendly Bungalows Resort, Vanuatu
Gordon Fridge
Aotea Motor Lodge, Wanganui
Cheviot Park Motor Lodge, Whangarei
Specialists to the Industry
Contact Details
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Welcome 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
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.
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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.
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BAYVIEW MOTEL
Business- Bay of Islands
PROPERTY BENEFITS
Low entry price/high return
Prime position on Paihia’s waterfront
200 metres to the wharf, cafe’s and shopping
Easy access to a range of tourist orientated daytrips
Very popular with families and corporates
Above average occupancy
Recent upgrade of all apartments
Return on investment around 40%
ASKING PRICE
$ 250,000
The Pictures Say It All...
Location
What’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 Complex
Featuring 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 Opportunity
The 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.
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CONTACT DETAILS
Allister Simpson
P: +64 21 1478 034
E: [email protected]
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.
website ID #1190
WHANGAREI TOP 10 HOLIDAY PARK
Going Concern - Whangarei
(Subject to Council Lease expires 2068)
PROPERTY BENEFITS
Substantial sales and profitability
Significant expenditure on key assets
Rated Qualmark 4 star plus and Enviro Silver
One of 49 TOP 10 Holiday Parks nationwide
The only TOP 10 in Whangarei
Opportunity to purchase or rent 2 adjacent homes
Trip Advisor 2014 Certificate of Excellence
Affordable long land lease with term expiring 2068
ASKING PRICE
$1,600,000
Quality Holiday Park In New Zealand’s Most Popular Summer Destination
Location
Situated 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 Opportunity
A 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
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.
CONTACT DETAILS
The Complex
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.
With 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.
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Allister Simpson
P: +64 21 1478 034
E: [email protected]
website ID #1283
TUSCANY VILLAS
Business - Rotorua
PROPERTY BENEFITS
An extremely long lease
Substantial Income
Low maintenance
Great location - huge number of local activities
Well marketed
40 seat conference room plus 6 seat meeting room
Executive owners home
28 luxurious suites
ASKING PRICE
$ 850,000
One Of Rotorua’s Finest
Location
Located 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 Complex
Tuscany 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.
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 Opportunity
Tuscany 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.
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CONTACT DETAILS
Ray Hart
P: +64 21 33 54 88
E: [email protected]
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
website ID #1232
BAY PALM MOTEL
Business - Mount Maunganui
PROPERTY BENEFITS
18 years tenure
5 minute walk to the Mount Maunganui beaches
ASB Stadium, Bayfair Mall & Baywave close by
5 high class golf courses in close proximity
Conference centre & heated swimming pool
Sizeable three bed, two bath owners home
ASKING PRICE
$850,000
Location, Location, Location
The Opportunity & Location
The 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.
Accommodation & Facilities
The 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 Home
To 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!
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CONTACT DETAILS
Gordon Fridge
P: +64 221 569 330
E: [email protected]
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.
website ID #1301
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 admin
And most importantly:
• The positive demographic influences.
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%.
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.
For now we are going to focus on the positive demographic
influences - namely the ‘Baby Boomers’.
The Baby Boomers will create our future
The 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, and
2. 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.
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.
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.
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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 10
[email protected]
Continued in next issue
COROMANDEL TOP 10 HOLIDAY PARK
Freehold Going Concern - Coromandel Town
PROPERTY BENEFITS
Trip Advisor 2014 Certificate of Excellence award
4 star plus Qualmark rated
One of 49 TOP 10 Holiday Parks nationwide
On town supply for water and sewage
Located in one of NZ’s great tourist hot spots
Modern well maintained facilities
Large family owners home
Subdivisional potential
ASKING PRICE
$ 3,750,000
Substantial FREEHOLD Holiday Park Or GOLDMINE!
The Opportunity
Think 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
the available options.
Accommodation & Facilities
This 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 Home
A 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.
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CONTACT DETAILS
Gordon Fridge
P: +64 221 569 330
E: [email protected]
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.
website ID #1285
AOTEA LODGE
Business- Wellington
PROPERTY BENEFITS
35 units
Able to fully cater for conferences on site
20 minutes drive from Wellington CBD
15 minutes drive to Inter Island Ferry
2 minutes drive from Porirua City centre
150 metres from State Highway One
Immediately adjacent to the Royal NZ Police College
Long lease - 27 years
ASKING PRICE
$1,060,000
Realise The Potential And Enjoy The Profits
The Complex
Aotea 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.
The Opportunity
The 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.
CONTACT DETAILS
Brent Hannah
P: +64 21 359 678
E: [email protected]
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.
Location
Aotea Lodge overlooks the beautiful Porirua Harbour and is
Immediately adjacent to the Royal NZ Police College which
provides a regular source of clientele.
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website ID #1297
BRYLIN MOTEL
Freehold Investment - Rotorua
PROPERTY BENEFITS
Yield of 7.5%
Long Lease - expires 2040
Experienced tenant
Great location on approx 1,016m2 land
Circa 15 years old
All units presented to a high standard
PRICE
$ 1,200,000
A Little Gem
Location
Brylin 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 Complex
The 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 three
bedroom home with the kitchen, dining and lounge accessible
from the airy reception and the bedroom downstairs.
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 Opportunity
Freehold investments of this quality are very hard to find.
Recently refurbished, this property will ideally suit an
investor 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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CONTACT DETAILS
Ray Hart
P: +64 21 33 54 88
E: [email protected]
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 ACCOMMODATION
Freehold Going Concern - Taupo
PROPERTY BENEFITS
Freehold Going Concern selling less than rebuild cost
Business with location, location, location
Massive business upside for an owner-operator
Up-market accomm for the budget conscious traveller
20 rooms to suit all budgets
Member of Arra Accommodation Group
Plenty of off-street parking
ASKING PRICE
$ 1,500,000
NZ Resident Or New Immigrant - This Has Appeal
Iconic Taupo
Live 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 Business
Astro 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.
CONTACT DETAILS
Accommodation
Guests 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.
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Lindsay Sandes
P: +64 21 895 940
E: [email protected]
Ray Hart
P: +64 21 33 54 88
E: [email protected]
website ID #1280
THORNTON BEACH HOLIDAY PARK
Leasehold Going Concern - Whakatane
PROPERTY BENEFITS
31 + 33 year lease with attractive terms
Beachfront location
Short distance to Whakatane township
Income could suit 2 couple ownership
Extra 3 bedroom house for partnership family
5 quality golf courses in close proximity
Tourist attraction of White Island nearby
An array of accommodation options
ASKING PRICE
$2,550,000
A Beachfront Holiday Park Like No Other
The Opportunity
Thornton 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 the
existing owner to ensure that this income will continue to grow
year by year. Valuation available on request.
Accommodation And Facilities
The 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
offer all guests 4 plus star Qualmark accommodation.
The Development
Already 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?
CONTACT DETAILS
Gordon Fridge
P: +64 221 569 330
E: [email protected]
Owner’s Home
This 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.
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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.
website ID #1282
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.
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.
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.
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.
Allister Simpson
Licensed Immigration Advisor
200901795
Allister Simpson
P: +64 21 1478 034
E: [email protected]
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HECTORS, KINGSTON
Freehold Going Concern - Queenstown Lakes
PROPERTY BENEFITS
Large land area approximately 11,988m2
NZ Motor Caravan Association
“The Roost” - Adjacent holiday house also for sale
Famous local attractions
Around the Mountains Cycle Trail Start/End
Four modern 4 star Motel units, two with spa baths
Kiwi retro-style cottages
Amenities block, kitchen, palour
ASKING PRICE
$ 1,100,000
Independent Holiday Park
Location
Located in the heart of Kingston in a quiet location with a
neighbouring 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 Complex
The 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 Accommodation
Modern, spacious two/three bedroom house with a large log
burner. Reception accessible.
CONTACT DETAILS
Ron Lamb
P: +64 21 479 796
E: [email protected]
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Business Opportunity
Kingston 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.
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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 #1263
Business - Auckland
PROPERTY BENEFITS
Self employment with security
Wealth creation for an owner operator
Big enough to run under management
Massive street presence
Yield approximately 25%
Heated outdoor pool and spa
Close to superb schools and sporting facilities
Corporate and leisure business
ASKING PRICE
$ 1,170,000
Executive Owners Home and Motel Complex
The Opportunity
Always 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.
The Complex
Based 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.
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CONTACT DETAILS
Lindsay Sandes
P: +64 21 895 940
E: [email protected]
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.
website ID #1262
MARKETING WORKS
Selling Agents Not Just Listing Agents - We Boast On Average One Sale Per Week
Recent Sales Include:
Bella Vista Te Anau - Business
Le Chalet Suisse, Taupo - Business
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Kerikeri Park Motel
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To Have Your
Property
Here
Bavaria Bed & Breakfast, Auckland - Business
Pacific Coast Motor Lodge, Whakatane - Business
Bella Vista Te Anau
Capri on Pilot Bay
Executive on Fenton, Rotorua - Freehold
Three Oaks, Hawkes Bay - Freehold
Crown Lynn, Auckland - Management Rights
Paihia Central - Freehold Going Concern
Burgundy Rose, Whangarei - Business
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Frimley Village
Chantilly’s Motor Lodge
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
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Lodge Bordeaux
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Executive on Fenton
Anglesea Motel
No One Sells More Accommodation Businesses Than Resort Brokers
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Capri on Pilot Bay, Mount Maunganui - Mgmt Rights
Colonial Motor Lodge, Taupo - Freehold
Turangi Bridge Motel - Business
Greyfriars Motel, Wairarapa - Business
FRIENDLY BUNGALOWS RESORT
Leasehold Going Concern - Vanuatu
PROPERTY BENEFITS
300m absolute ocean frontage
Environmental paradise
Closest accommodation to Mount Yasar Volcano
Permanent water source - natural spring
Rich in local culture
Restaurant and massage hut on site
Option to keep existing management
Tax free haven
ASKING PRICE
AUD$695,000
Tax Free Haven - Invest In An Island Paradise
Location
Friendly 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 & Facilities
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.
Opportunity
You 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.
The 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
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CONTACT DETAILS
Wayne Keene
P: +64 21 666 991
E: [email protected]
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.
website ID #1295
GORDON FRIDGE
Properties SOLD By Gordon This Financial Year
Testimonials
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Reef Apartments, Mount Maunganui
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Capri on Pilot Bay, Mount Maunganui
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Palm Pacific Resort, Coromandel
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Cortez Motel, Whakatane
“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
“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
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“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,
“I am never too busy to take your referrals”
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]
AOTEA MOTOR LODGE
Business - Wanganui
PROPERTY BENEFITS
New 30 year term
Excellent corporate trade
Very healthy bottom line
Management dream! Most services contracted out
28 Spacious units with quality fitout
5 bedroom owners accommodation
Located in the heart of the city
ASKING PRICE
Negotiable
Quality, Quality, Quality
The Opportunity
Simply 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.
Location
Situated 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.
Accommodation
Each 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 and
additional bedrooms for that family occasion.
Owners Accommodation
A 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.
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CONTACT DETAILS
Bill Sinclair AREINZ
P: +64 21 976 907
E: [email protected]
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.
website ID #1275
CHEVIOT PARK MOTOR LODGE
Freehold Investment or Business - Whangarei
PROPERTY BENEFITS
The business on it’s own returns 30%
New 30 year lease term for the business
Located on the popular Western Hills Drive
Conference facility
Options - buy freehold land, business or both!
All ground floor units
650 metres to Whangarei Hospital
ASKING PRICE
$450,000 Business
$2,050,000 Freehold Investment
High Yielding Investment From A Proven Motel
Location
Cheviot 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 Complex
All of the 15 units are on ground level, there are also 2 three
bedroom 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.
The Opportunity
1. - The Freehold Investment - the land and buildings
2. - The Business only - chattels, goodwill and benefit of a
brand new 30 year lease term; or
3. - 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
website ID #1228
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CONTACT DETAILS
Allister Simpson
P: +64 21 1478 034
E: [email protected]
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.
website ID #1287 & 1270
SPECIALISTS TO THE INDUSTRY
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
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SPECIALISTS TO THE INDUSTRY
Hirum is Changing...
The Leading Hospitality
Software Just Got Better
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SPECIALISTS TO THE INDUSTRY
Have a look at what excellent, targeted
advertising can achieve!
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I make it my job to understand what a vendor wants and requires before recommending a marketing campaign. Our special relationship with the Sunday Star
Times allows me to offer my vendor a variety of suitable campaigns, giving the marketed 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 profile 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 market-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
If you are interested in selling or buying within Tourism please contact:
Gordon Fridge M: 0221 569 330 E: [email protected]
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Hawkes Bay/Gisborne
Gordon Fridge
Ron Lamb
Bill Sinclair
P: +64 221 569 330
E: [email protected]
Bay of Plenty/Coromandel
P: +64 21 479 796
[email protected]
Queenstown/Wanaka/Cromwell/
Central Otago
P: +64 21 976 907
E: [email protected]
Manawatu/Whanganui/Wellington/
Wairarapa
Allister Simpson
Murray Stott
P: +64 21 1478 034
E: [email protected]
Northland
P: +64 21 0231 2796
E: [email protected]
Entertainment and Media