This long-established motel is situated on a popular street in Rotorua.
It features 18 units and a three-bedroom manager's accommodation.
The year-end financials for 2020 displayed an annual turnover of approximately $930,000.
The business is now still under the MSD program until next year.
The year-end 2023 accounts indicated a net surplus of about $200,000.
The owner is not involved in the day-to-day operations as the motel is fully managed.
Recent renovations have been completed and the business now for sale due to family reasons.
If you are seeking an established, easy-to-operate, and profitable business, this is an opportunity you can't afford to miss. Contact me now for further confidential information.
To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.
Yong Wu, 021 678 980, firstname.lastname@example.org
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and completion of a Confidentiality Agreement. Due to the confidentiality of this business, a stock photo image may be used to represent the business.
*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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