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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.
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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