Price reduced - 13 unit leasehold motel on Fenton Street, Rotorua
Refer to Broker
About this business for salePrice reduced - 13 unit leasehold motel on Fenton Street, Rotorua
An exciting opportunity has presented itself to buy this leasehold motel and to become part of the booming tourism industry in Rotorua. And the motivated vendors have just reduced the asking price to $360,000.
The motel is located on Fenton Street – arguably the best location for a motel in Rotorua.
The facilities are excellent and the motel offers the following:
- Great exposure on Fenton Street where it occupies a prime corner site
- 13 self-contained units, all immaculately presented
- Private spa pool in every unit, making this motel unique
- Spacious 4 bedroom owners’ accommodation, offering privacy
- Excellent trading results and increasing turnover
At this price the motel is expected to be in demand, so don’t delay with your enquiry – contact me today for full details.
***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.
+64 7 579 4994
+64 27 238 1450
*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.