Price

$1,125,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Bay of Plenty Region, Bay of Plenty

Category

Accommodation/Motel/Hotel, Motel

Listing #

EL00611

Bay of Plenty Motel Business for Sale
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About this business for sale in Bay of Plenty Region, Bay of Plenty

The Tuscany Villas motel is one of the most eye-catching on the famous Fenton Street ‘motel mile’. Presented in pristine condition, in a manicured & easily maintained garden setting with entry via an impressive double height portico.  The triple flag poles with flags flying add that additional touch of class and interest.

It is very well situated – close to the town centre – and importantly adjacent to the Rotorua race course.  The two-storey complex, with balconies featuring wrought iron balustrades, does offer a flavour of Tuscany.

Complex Configuration
28 suites, consisting of:

• 19 x Executive or Deluxe studio suites (includes two accessible units)

• 7 x one bedroom suites

• 2 x two bedroom suites

Fabulous, deep spa pools offer a real sense of luxury.  All suites are very spacious and presented in excellent condition with appealing décor and furnishings.  Beds are either super king or queen. 

Reception
Reception via a very impressive, full height portico, tiled floor leading through to the owner’s accommodation.

Conference Room:
A well-equipped and spacious conference room seats 40 theatre style, or 26 in a conference setting, serviced by a kitchen servery with all the necessary hospitality equipment.

Owners Accommodation
The home offers three bedrooms upstairs and one bathroom with separate WC, with a further WC located downstairs.  A spacious kitchen/living area leads to an enclosed, private patio.  Reception is well located next to the owners living area without being intrusive.

Reference: EL00611

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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*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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