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About this business for sale in CanterburyWell Presented Good Profile
Leasehold motel, main road location in Timaru.
9 units offering a great lifestyle and good business opportunity for a couple, or even for one person with some part-time help.
There is a comfortable 2 bedroomed Manager's home configured so it could be 3 bedrooms by using one of the units.
The motel is located near, and overlooks one of the local parks, and is an easy walk to Caroline Bay and the very popular Caroline Bay Aquatic Centre. Often used by visiting sports people who come for the many events held in the area, as well as a good base of corporate clients, and both national and international tourists who visit the area enroute to and from the MacKenzie District and Queenstown, and is located approximately 2 and a half hours drive from Christchurch airport.
Timaru is growing fast and attracting more families and businesses to the area, and is a great place to live.
If you are looking for a smaller complex, but very good motel business call Sally now.
+64 3 366 3394
+64 21 988 138
*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.