Central North Island Area
Refer to Broker
About this business for saleSettlers Motel
Great Value for Small Dollars!
Settlers Motel is perfectly styled and suited to the rustic, outdoors Turangi tourism lifestyle activities. The 8 chalets consist of one 3 bedroom, two 2 bedroom and five studios, set in a park like environment.
The complex has been extensively upgraded in the past 6 months. All chalets have en-suite bathrooms and either kitchens or kitchenettes. Guest facilities include a covered, all season BBQ & outdoor dining area, private spa pool and children’s play area. There is ample guest, boat and trailer parking.
For the owners, there is a large 4 bedroom home with 2 lounges (rarely found in owners’ quarters).
This business is ideal for a new entrant to the tourism industry or a semi-retired couple looking for their last pre-retirement business. The current owner wishes to move to Australia.
Located only a few minutes walk from the town centre and the world famous Tongariro river. Settlers Motel has a strong adventure tourism and ‘great outdoors’ appeal.
Included in the many activities this region is renowned for are:
- Trout fishing
- Snow skiing
- White water rafting
- Tongariro Alpine crossing
The lease expires in 2022.
*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.