Bargain! FHGC Motel in Taihape

Price

$495,000 plus GST (if any)

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Manawatu / Whanganui Region, Rangitikei

Category

Accommodation/Motel/Hotel

Listing #

16078

Rangitikei Accommodation/Motel/Hotel Business for Sale

About this business for sale in Manawatu / Whanganui Region, Rangitikei

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.

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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For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*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.

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