Price
$1,575,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Waikato Region, Waikato
Category
Accommodation/Motel/Hotel, Motel
Listing #
EL00881
Atrium on Ulster – the ultimate Hamilton accommodation is amongst Hamilton’s newest motel, accommodation and conference facilities, with Qualmark rated 4* Plus. An exceptional performer with year on year annual growth, an astute purchaser will recognise the value of this as new complex, 30 year lease and move quickly to secure a purchase.
Business is predominantly corporate with good occupancy from leisure guests in weekends and public holidays.
A welcoming soaring atrium greets guests in a significant reception area.
All 28 units are very spacious. The presentation throughout is faultless with every aspect of maintenance addressed to a very high standard. All bathrooms and kitchens are extremely well appointed with a quality that borders on a 5-star standard. The grounds are low maintenance and hold 28 guest + 3 visitor car parks.
Astute purchasers demanding the best will act quickly to secure this business
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
