Start on the Motel Ladder in Fantastic Whakatane!Listing: #HC00014
About this Business for sale in Bay of PlentyStart on the Motel Ladder in Fantastic Whakatane!
This well maintained split level 9 unit Motel offers several different room configurations for the new and repeat guests.
The Motel Business Lease will provide for the new owner, a solid income, great personal accommodation and an excellent lifestyle opportunity in the Eastern Bay of Plenty.
- Well configured, 9 Unit Motel with an abundance of storage
- Consistent net profit over several years
- Excellent owners’ accommodation with private lift
- Only a 10 minute drive to the beautiful Ohope Beach
- Prime, high profile location, close to town centre
- Easily operated by 1 owner
All units are spacious, self-contained and offer a range of accommodation options:
- 4 x Studios - sleeps 2-3
- 4 x One bedroom - sleeps 3-4
- 1 x Two Bedroom - sleeps 7
- Separate Motel Spa facility
This two-bedroom, one-bathroom apartment is very well presented.
The existing owner has recently installed a new kitchen and has had the apartment fully insulated.
Tourist Court motel for sale at this purchase price represents great buying and wont last long on the market.
Call me now for an inspection.
*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.