Link Business

Leasehold Motel on State Highway 1, Central North Island

$225,000Central North Island AreaListing: #BPW00563

About this business for sale in Central North Island Area

Leasehold Motel on State Highway 1, Central North Island


This 14 unit leasehold motel boasts a prime location on State Highway I, approximately an hour’s drive south of the Mount Ruapehu Ski Fields and features –

  • A single level  complex comprising 12 x studio units and 2 x family units
  • All units air-conditioned
  • 3 bedroom owners’ accommodation with internal access to the reception office
  • A 22 year lease with the current annual rent at $64,000 plus GST and outgoings
  • A spa pool
  • Turnover in excess of $200,000 per annum
  • Lovely outlook onto native bush and rolling hills

This is a great opportunity for a couple who wants to own a successful business and become part of the fast growing tourism and accommodation industries. 

Interested?


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.

Bay of Plenty
nols.bertram@linkbusiness.co.nz
+64 7 579 4994
+64 27 238 1450

Nols Bertram

*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.