Matamata Central MotelListing: #EL01647
About this Business for sale in WaikatoMatamata Central Motel
Buy the Newest & Best in Matamata
This low-maintenance, 12 -unit motel – presented in pristine condition, is the newest motel in Matamata – (home of the Hobbits), sited in a very high-profile location on the main highway into Matamata. The Central is perfectly named for visitors to the vibrant farming and bloodstock industry and to the many surrounding tourist attractions.
Only a few minutes’ walk to the many restaurants, cafes and bars.
- Excellent long lease
- Healthy bottom line
- Newest motel /low maintenance
- Excellent location
- Only 5 motels in Matamata
The 12 units are self-contained with kitchens, all have king-sized beds and have heat pumps for winter comfort and air-conditioning for the heat in the summer, along with blackout curtains for additional guest comfort, Sky TV throughout and key card door entry.
- 6 x studio units
- 4 x 1 bedroom units (2 are over 2 levels with ensuite bathroom)
- 2 x 2 bedroom family units
The owners’ home is 2 storey, equally well presented and offers:
- 3 bedrooms and 2 bathrooms
- Patio off both lounge and bedroom
- plenty of attic storage
- double garage
- easy accessible reception
The current owner opened the motel in September 2010 and has enjoyed building this business to the level it is achieving today. All the hard work has been done, come and reap the awards.
+64 6 833 6636
+64 21 335 488
*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.