A STEADY PERFORMERListing: #HC00151
About this Business for sale in TaupoA 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.
- 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.
SEMINAR: HOW TO BUY A BUSINESS
Don’t know where to start? Want to know what mistakes to avoid when buying a business?
Learn more everything you need to know at our Online Seminars. https://go.linkbusiness.co.nz/seminars/
+64 6 833 6636
+64 21 335 488
*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.