Motel, Fabulous Ohope Beach LocationListing: #HC00070
About this Business for sale in Bay of PlentyMotel, Fabulous Ohope Beach Location
This 12 Unit Motel is the perfect lifestyle size business and is sited nicely between the superb Ohope Beach- voted NZ’s Best Beach and the wonderful Ohiwa Harbour.
- 12 spacious units sited on 2 levels - 2 with spa baths
- Recently renewed long lease term
- Attractive income to support a great lifestyle
- Great business for a couple
- Ohope is a year-round tourist destination
- Unique dog-friendly selling point
The Motel enjoys very good occupancy with a 65% plus average for the last two years – peaking at 95% in the Summer period.
Being situated in Ohope Beach the motel enjoys fantastic weather – almost all year round. There is a consistent income flow from the tourist trade with visitors coming from as far as Auckland and Wellington and as close as Tauranga and Rotorua
The range of units included studios and 1 and 2 bedroom accommodation. The larger units being suitable and attractive to families.
The motel is also promoted as ‘dog-friendly, with several unit options available for dog-owners.
**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.
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*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.