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Mt Richmond Hotel and Conference Centre Auckland a Seriously Good Business for Sale

Tom Crawford-Tourism Properties.com

Sunday 17 October 2010, 4:05PM

By Tom Crawford-Tourism Properties.com

1,191 views

Pool Side Mt Richmond Hotel
Pool Side Mt Richmond Hotel Credit: Tom Crawford-Tourism Properties.com

Mt Richmond Hotel and Conference Centre business is being marketed for sale by TourismProperties.com. It is a 4 Star Qualmark hotel with 44 guest rooms and six conference rooms catering for 8 to 220 guests. In addition there is a fully licensed café, bar, restaurant plus swimming pool, gymnasium and gaming lounge

In a highly  visible corner location it caters for all market segments being just 10km from Auckland CBD and 12km from Auckland International Airport. It is close to Mt Smart Stadium, Sylvia Park shopping and entertainment and Highbrook Business Park. Penrose, Ellerslie, Panmure, Mt Wellington and Otahuhu are all in close proximity. The hotel has an enviable reputation as corporate and conference hotel but is also very popular with professional sporting groups. Weddings provides excellent weekend business.

Tom Crawford the Tourism and Hospitality Broker handling the sale said “The guests speak very highly of the long serving staff and the business is managed extremely professionally and trading well above the industry average. This is an ideal investment opportunity with strong cash flow and excellent forward bookings. There is considerable revenue already deposited for next year’s rugby. This is a seriously a very good business”.

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Tom Crawford
021 278 9200
tom.crawford@tourismproperties.com