Link Business
*** SOLD ***

A STEADY PERFORMER

Listing: #HC00151
price

$690,000

Profit

Refer to Broker

industry

Taupo

Type

Motel, Taupo


Ray Hart

Broker | Hawke's Bay & Central Plateau

Ray Hart

ray.hart@linkbusiness.co.nz

+64 6 833 6636

+64 21 335 488

This listing is no longer taking enquiries as it is SOLD

About this Business for sale in Taupo

A STEADY PERFORMER

This popular, well maintained motel has a steady clientele of domestic travelers, corporates and fortunately does not rely on tourists from overseas.

The vendors decided not to be involved with the social housing on behalf of the Ministry of Social development and have maintained higher than expected occupancy during these uncertain times.

Lake Taupo Motor Inn is conveniently located close to shops, bars, and cafes.

Key Features

  • 32 units
  • Steady performer
  • Well maintained property
  • Spacious 3 bed owners’ home
  • Conference room
  • Heated swimming pool
  • Substantial net surplus
  • Asking price $690,000
  • An ROI of 28% (based on the asking price)

Constructed in low maintenance materials, the 32-unit complex comprises of:

  • 17 x studios
  • 9 x one bedrooms
  • 6 x two bedrooms

To compliment the guest’s comfort, all the rooms have heat pumps, infinity hot water, and a heated swimming pool.

The owner’s home has 3 bedrooms, open plan lounge/dining/kitchen with air conditioning and double garage.

There is a large conference room, motel kitchen and laundry.

For those wishing to purchase a stable, well maintained business, enquire now for more information.

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Hawke's Bay & Central Plateau
ray.hart@linkbusiness.co.nz
+64 6 833 6636
+64 21 335 488

Ray Hart

Enquire Now
This listing is no longer taking enquiries as it is SOLD
Hawke's Bay & Central Plateau
gordon.fridge@linkbusiness.co.nz
+64 6 833 6636
+64 22 156 9330

Gordon Fridge

*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.