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Not often that you can buy a successful freehold going concern motel at this bargain price!
The vendors want a quick sale and are inviting offers over $495,000 for the purchase of this little gem.
Just look at all the features:
• Great location on State Highway 1, only 45 minutes south of the Ruapehu Ski Fields
• Lovely outlook onto native bush and rolling hills
• Approximately 2400m2 of land
• A single level complex comprising 14 units (12 x studios units, 2 x family units for up to 6 people)
• Consistent turnover and a tidy cash surplus
The owners’ accommodation is a separate building, consisting of two double bedrooms, one single bedroom and a large office, heated by a wood burner and a heat pump. There is also a large carport.
The owners have invested substantially in refurbishment over the last couple of years including the installation of a very efficient hot water and motel central heating system.
This is a great opportunity for a couple wanting to enter the growing accommodation industry.
Interested? Then contact me now for further information.
*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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