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The Landing Motel is a high quality, extremely well appointed 5 Star motel situated in the busy town of Whakatane.
Opened in December 2011 – no expense has been spared in relation to chattels, the accommodation and the fabulous owners' accommodation.
The Landing Motel comes complete with a 33 year Lease.
This almost palatial motel has 15 units consisting of the following configuration:
* All rooms are super generous in size, double glazed with air conditioning. Chattels are what you would expect in a 5 Star motel. All kitchens are once again extremely well appointed, large and designed to cater for families, transient guests and the motels well established corporate trade.
* Bathrooms are luxurious with a number of the units having deep soaking spa baths.
Owners' Accommodation
The owners accommodation is a fabulous family sized 3 bedroom home set on 2 levels. As the new owner you will be walking into what is virtually a new family home. The spacious open plan air conditioned lounge/dining is very appealing on the eye, as is the large modern kitchen that comes complete with the full array of Fisher & Paykel products. A private fenced courtyard allows for privacy and an abundance of BBQ's & good times with your family.
The 5 Star motel kitchen, double garage & reception are accessible from the owners lounge area.
Contact me today to organise an inspection.
Reference: EL00764
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
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