Prime Turn Key Motel Whakatane, Location, Location, Location

Price

$880,000

Profit *

Refer to Broker

Sales Revenue

$593,046

Location

Bay of Plenty Region, Whakatane

Category

Accommodation/Motel/Hotel, Lodge

Listing #

HC00347

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

The vendors of Barringtons Motor Lodge have invested heavily to present this motel in pristine condition.   

Barrington's is superbly located on the ‘motel mile’. Barringtons has been a very consistent performer over the years enjoying high occupancy rates and has a strong corporate/business/government clientele.  It is well known that Whakatane punches well above its weight for year-round occupancy.

Barringtons also offers a spacious, true family-size home of 3 bedrooms – and Whakatane is certainly a family town, with everything at your doorstep – schools, sport, surf, fishing, boating etc.

  • 14 very spacious units 
  • Large well-maintained 3BR family home
  • Significant growth potential
  • Maintained to a very high standard, all the hard work has been done!
  • A huge 80% of visitors to Whakatane are from the domestic market
  • Whakatane attracts around 100,000 visitors a year, as a ‘mecca’ for boating, fishing, tramping
  • Whakatane has a huge cultural and sporting focus with strong associated demand for accommodation year-round

 

The current owners have made maintenance, refurbishment and presentation their top priority, with the  motel units – and the family home, presented to a high standard, Plenty of time for recreation with the low maintenance, fully paved grounds.

This motel ticks all the boxes for a financially rewarding lifestyle business in the sun-drenched Eastern Bay of Plenty.

Make a positive move and call Ross NOW to view

 

For more information please contact:

Ross Candy, 027 223 3696, [email protected] 

Gordon Fridge, 022 156 9330, [email protected]

 

***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.

#buybusiness #whakatane #barringtonsmotorlodge #accommodation

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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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.

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