High Quality Motel Lease Riccarton Road

Price

Refer to Broker

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Canterbury Region, Christchurch

Category

Accommodation/Motel/Hotel, Motel

Listing #

CS00251

Christchurch Motel Business for Sale
Christchurch Motel Business for Sale Slide 2
Christchurch Motel Business for Sale Slide 3
Christchurch Motel Business for Sale Slide 4
Christchurch Motel Business for Sale Slide 5
Christchurch Motel Business for Sale Slide 6
Christchurch Motel Business for Sale Slide 7
Christchurch Motel Business for Sale Slide 8
Christchurch Motel Business for Sale Slide 9
Christchurch Motel Business for Sale
Christchurch Motel Business for Sale Slide 2 Thumbnail
Christchurch Motel Business for Sale Slide 3 Thumbnail
Christchurch Motel Business for Sale Slide 4 Thumbnail
Christchurch Motel Business for Sale Slide 5 Thumbnail
Christchurch Motel Business for Sale Slide 6 Thumbnail
Christchurch Motel Business for Sale Slide 7 Thumbnail
Christchurch Motel Business for Sale Slide 8 Thumbnail
Christchurch Motel Business for Sale Slide 9 Thumbnail

About this business for sale in Canterbury Region, Christchurch

The current owners are ready to retire, therefore are selling a really nice 15 unit motel in this popular location. This offers a really great opportunity to buy a motel business which is maintained and furnished throughout to a very high level. The grounds, the motels and the managers’ home are immaculate.

 As well the motel is located in one of the most popular locations being close to a large shopping mall and having a good range of cafes, bars and restaurants very nearby, and an easy 5 minute drive to city centre and 15 minutes to Airport.

Also within an easy distance from Canterbury University, Christchurch Hospital, Hagley Park, the Botanical Gardens and many other attractions and amenities.

Following a quieter period over the last 2 years it now seems that Christchurch once again is starting to attract more visitors, which offers a great opportunity for a new owner to bring the business to its full potential.

Key Features

  • Good selection of superior motel units.
  • Good mix of studios, one bedroom units and two bedroom units.
  • One of the best locations, good profile from street.
  • Great selection of shops, cafes, bars etc nearby.
  • 20 years remaining on lease, expires 31 October 2038
  • Motels, managers and managers’ house maintained to a very high standard
  • Quality chattels throughout
  • 15 spacious and modern units
  • Superb managers’ house, 3 bedrooms plus a separate lounge.
  • Member of the  successful Asure Motel Group.

If you are looking for a high quality motel, contact Sally now for more information.

To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business. Please contact the broker for further details.

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.

To find out more, complete an online confidentiality agreement by clicking the button below.

Click the email alerts button to be notified of other businesses that may be of interest to you.

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.

Business Affordability Calculator

What can you afford?

Discover what you can afford, how much your loan repayments may be, and how much you could earn.

Finance

Need help with finance?

Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.

Share to:

Facebook
LinkedIn
Email

Contact Us

Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.