Link Business

Leasehold Motel, Returning $360K+ to Working Couple

$1,300,000WaikatoListing: #BPW00454


Waikato businesses for sale 


$1,300,000

Accommodation/Motel/Hotel businesses for sale
Motel businesses for sale, Waikato
$350,000


About this business for sale

Leasehold Motel, Returning $360K+ to Working Couple


A profitable leasehold motel in the Waikato region is for sale. Currently under full management, the owners do not usually get involved in the day-to-day operations.
Current owners are motivated and have other plans for their future. 

  • Located in a highly demanded place with many activities and attractions.
  • More than 29 years lease remaining.
  • Returning over $285K pa in accounts 2017 for non-working owners, would return $360K+ for a working couple.
  • Three bedroom owners accommodation attached to the motel.
  • Rent is around 32% of the turnovers.
  • Turnovers increased by 18.6% in April, May, June and July 2017 to the same period last year.
  • Motivated owners welcome any reasonable offers. 
  • Much potential to grow.


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.

Waikato
paul.lu@linkbusiness.co.nz
+64 7 579 4994
+64 21 047 4988

Paul Lu

*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.