Price
Refer to Broker
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Bay of Plenty Region, Bay of Plenty
Category
Accommodation/Motel/Hotel, Motel
Listing #
HC00237
Barringtons Motor Lodge is a quality, medium sized 4-star motel with spacious ground floor units, maintained and presented in excellent condition and offering an excellent 3-bedroom spacious family home.
Located along the busy ‘motel mile’, main road entry to Whakatane, Barringtons is a very good performer, with impressive occupancy year-round, and is currently run under management.
Whakatane enjoys an extremely high domestic tourism market and punches above its weight for year round occupancy, insulating it from the Covid shocks to a large degree. This motel ticks all the boxes for a great lifestyle, close to beaches and the easy life of the sunny eastern Bay of Plenty, easily funded by this well-established business.
Pack up – leave Covid behind, take control of your life – but don’t delay – this motel business will sell quickly!
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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.
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