Link Business
*** SOLD ***

Motel Business, Significant Profit

Listing: #EL03200
price

$1,625,000

Profit

$440,000

sales

$1,120,000

industry

Hamilton


Lindsay Sandes

Broker | Auckland - Ellerslie

Lindsay Sandes

lindsay.sandes@linkbusiness.co.nz

+64 21 895 940

This listing is no longer taking enquiries as it is SOLD

About this Business for sale in Hamilton

Motel Business, Significant Profit


One of Hamiltons finest corporate properties that retained dedicated & corporate clientele.

The results speak for themselves, a motel business with ongoing growth and a strong trading future.

Why this business is desirable to discerning purchasers:

  • Robust and defendable financials.
  • Lease tenure until Feb 2051
  • 24 well-presented rooms
  • Conference room
  • Indoor swimming pool
  • Strong occupancies

With ample onsite car parks and space, the motor lodge is located in a quiet street, close to Hamiltons CBD. The business can be run under management or by owner-operators living in well-presented, large, onsite owners accommodation.  Astute buyers will act now as few corporate accommodation businesses are available in todays 

Set Price $1,625,000
 

To find out more, go to linkbusiness.co.nz/EL03200 and press the “Enquire Now” button to complete an online confidentiality agreement.

Lindsay Sandes, 021 895 940, lindsay.sandes@linkbusiness.co.nz

***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

 

#buybusiness #accommodation&nbsp #motel #services #lodge #hamilton

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Auckland - Ellerslie
lindsay.sandes@linkbusiness.co.nz

+64 21 895 940

Lindsay Sandes

Enquire Now
This listing is no longer taking enquiries as it is SOLD

*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.