Superb FHGC in Lifestyle Location
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About this business for saleSuperb 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.
+64 9 555 6003
+64 21 895 940
*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.