Link Business
*** SOLD ***

Eastern Bay of Plenty – Top Quality Motel Business

Listing: #HC00237

Gordon Fridge

Broker | Hawke's Bay Gisborne

Gordon Fridge

gordon.fridge@linkbusiness.co.nz

0800 327 827

+64 22 156 9330

This listing is no longer taking enquiries as it is SOLD

About this Business for sale in Bay of Plenty

Eastern Bay of Plenty – Top Quality Motel Business

Barringtons Motor Lodge is a quality, medium sized 4-star motel with spacious ground floor units, maintained and presented in excellent condition and offering an excellent 3-bedroom spacious family home.

Located along the busy ‘motel mile’, main road entry to Whakatane, Barringtons is a very good performer, with impressive occupancy year-round, and is currently run under management.

  • Consistent high performer with six-figure income
  • Enjoys a higher than usual occupancy year round
  • Maintained to a very high standard
  • Family sized 3 bedroom, 2 storey owner’s home
  • Whakatane attracts 100,000 visitors a year

Whakatane enjoys an extremely high domestic tourism market and punches above its weight for year round occupancy, insulating it from the Covid shocks to a large degree. This motel ticks all the boxes for a great lifestyle, close to beaches and the easy life of the sunny eastern Bay of Plenty, easily funded by this well-established business.

Pack up – leave Covid behind, take control of your life – but don’t delay – this motel business will sell quickly!

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Hawke's Bay Gisborne
gordon.fridge@linkbusiness.co.nz
0800 327 827
+64 22 156 9330

Gordon Fridge

Enquire Now
This listing is no longer taking enquiries as it is SOLD
Hawke's Bay Gisborne
ross.candy@linkbusiness.co.nz
0800 327 827
+6427 223 3696

Ross Candy

*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.