Price Reduction to $389,000
About this business for sale in CanterburyPrice Reduction to $389,000
This Affordable Family Friendly Motel is an ideal first motel to springboard your career in motel ownership!
This is a fantastic opportunity to purchase an easy to operate, profitable motel business that includes owners accommodation.
The Blue Dolphin Motel is well suited to be run by a couple or young family and would also suit buyers new to the motel industry.
Located in one of the South Island’s family friendly lifestyle regions, the Blue Dolphin Motel is a family friendly motel with a good mix of unit apartments, – studio, 1 bedroom units, 1 bedroom family units, 2 bedroom units including double storey, and an accessibility unit.
This well maintained, well presented, 11 apartment motel is a model of simplicity with, clean, warm, comfortable, spacious, home away from home rooms, free onsite parking, free wifi, garden terrace and BBQ facilities. It is also a South Canterbury landmark located in Timaru.
The motel and business is all rolled into one, meaning you have somewhere to live and the business, at your feet, with great savings in both family life style, income and business opportunity.
Owners’ accommodation is a comfortable, spacious house with 3 double bedrooms, 1 bathroom, 2 toilets, sunroom, large kitchen, office/reception, large garage/carport and 3 sheds for tool storage and work repairs and a private garden area.
Situated on the Main South Highway between Christchurch and Dunedin, Timaru is the gateway to the Southern Alps, Mt. Cook, the high country lakes, McKenzie Country and Mt. John Observatory 'the window to the Universe'.
Timaru is a safe, family friendly city that is suitable for families with a range of education choices including very well regarded high schools and colleges and a wide range of cafes and restaurants, a major public hospital, a busy commercial port, a modern airport and all urban amenities, including a dairy, bakery and supermarket nearby.
The motel is located within easy walking distance to Caroline Bay, the C. B. D., and one minute walk to the new Caroline Bay Aquatic Centre and tennis courts.
Along with a long term lease until 2042 (25 years), there is a strong following of regular guests, school groups, business reps etc.
There is good profitability with reliable trading history.
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. Please contact the broker for further details.
+64 3 366 3394
+64 27 220 8787
*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.