Motivated Vendors! Asking Price reduced on this FHGC Motel SaleListing: #HC00004
About this Business for sale in Bay of PlentyMotivated Vendors! Asking Price reduced on this FHGC Motel Sale
With increasing demand for Freehold Going Concerns, Amber Court offers an excellent opportunity to step onto this ladder. This 9-unit motel, with spacious 2-story owners’ home, is extremely well-maintained and beautifully presented, sited on a 2607m2 section with very attractive gardens and planting and plentiful parking.
Whakatane is noted for high visitor rates and motel occupancy rates are enviable. Amber Court is situated just 5 minutes from the fabulous Ohope Beach and just a few minutes to Town Centre, restaurants cafes etc.
- Very well-maintained and low maintenance construction
- A perfect size motel for new moteliers and lifestyle-seekers
- Large 2 bedroom, 2 lounges, large kitchen owner’s home
- A very solid business offering very good profitability
All motel rooms are sizeable, with kitchenettes and air conditioning and all have been recently re-painted. Most have been equipped with new beds and new blinds have been installed throughout. The rooms have the following configuration:
- 2 x studio rooms
- 7 x one bedroom (sleep 4)
Set on 2 levels the owners’ accommodation offers 2 large bedrooms and bathroom upstairs with a walk-in wardrobe in the master bedroom. Downstairs has kitchen living room and a second large lounge (or bedroom) plus 2nd WC. Double garage.
0800 327 827
+64 21 599 514
*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.