Sell with LINK
As an owner, you know that every major business decision demands careful thought and preparation. And what bigger decision is there then choosing to sell? For over 25 years our experienced brokers have helped owners sell their businesses better with proven processes and complete confidentiality.
Buy with LINK
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. Register for business for sale alerts so you never miss an opportunity, and let us guide you through the process.
Knowledge Hub
Contact Us
We’re here to help. Get intouch and let the business sales experts help your on your next adventure.
$154,000
Refer to Broker
There are few motels that offer such spacious accommodation both for guests and for the owners. The Livingston was established in the mid 90s and obviously at that time size mattered! All 15 ground floor suites are very spacious and most offer the luxury of either private spa pool or spa bath.
The presentation throughout is faultless with every aspect of maintenance addressed to a high standard. The complex was painted 2 and a half years ago, with new furniture – sofas, beds, bedding & carpets also being upgraded just 2 years ago. New TVs were added 3 years ago.
Configuration:
* 1 x 2 bedroom apartment
* 4 x 1 bedroom suite
* 10 x studio units in a variety of 2 x standard, 2 x spa bath, 6 x executive studios.
The Complex:
The complex was built in 1996 with a brick facade, colonial style, high pitched roof of metal tiles and aluminum joinery. The grounds are fully sealed with ample parking for both cars and boats, with easy care, attractive planting round the perimeter. Everything is immaculate. Entry to the reception is inviting through a covered, tiled foyer.
Owners’ Quarters:
It is very hard to find quarters of this size and quality. The 3 upstairs bedrooms are all very spacious with plentiful wardrobe space. The master bedroom has an en-suite bathroom and the family bathroom offers a spa bath.
The Business:
The current owners have established a very strong clientele over their 8 years and have grown their corporate market significantly through their association with Host Accommodation. The business itself is returning year in, year out a very good net profit. The current owners have consistently spent money on maintaining and upgrading their motel.
Whakatane also has a very significant business and corporate market year-round through companies such as Fonterra, Norske Skog Tasman, Allied Industrial Engineering and of course – the burgeoning boat building industry.
The value of tourist attractions such as the ‘live’ volcano – White Island, cannot be underestimated.
Reference: EL00577
*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.
Browse by industry
Browse by location
© 2023 LINK International Group Ltd.
"*" indicates required fields