Link Business

Superb FHGC in Lifestyle Location

$4,700,000WaikatoListing: #EL00626


Waikato  


$4,700,000


Accommodation/Motel/Hotel
Refer to Broker


About this business for sale

Superb FHGC in Lifestyle Location

Raglan Sunset Motel is the largest motel in this region, has a well utilised event room (weddings, conferences) and presents in excellent condition with recent refurbishment and re-decoration. The established operators have built a long term business and wish to move on.

Viewing is essential as freehold going concerns are rare, especially the yield at approximately 10 plus %

The motel complex comprises 24 units, is approximately 14 years old and occupies approximately 2579m2.

Inspection is by appointment only and your call is welcomed.

Reference: EL00626

Auckland - Ellerslie
lindsay.sandes@linkbusiness.co.nz
+64 9 555 6003
+64 21 895 940

Lindsay Sandes

*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.