Wairarapa Motel in the heart of wine country
About this business for sale in Wellington Greater AreaWairarapa Motel in the heart of wine country
The leasehold of this 16 unit motel is located in the heart of Wairarapa's Wine country is available for sale. The property also has 7 independent apartments that are managed by the Vendors. The Wairarapa is a major recreational area and event region for Wellingtonians with easy access over the Rimutaka Hill. There are great schools in the region and this is an additional draw for families attending school events and celebrations. All this business needs is some really good marketing to promote the opportunity to escape Wellington for conferences and relaxation.
The Motel property has beautiful grounds that can accommodate a restful and relaxing get away and have recently been refreshed. All the hard work has been done for an enthusiastic new operator to drive this business to its full potential.
This is an ideal opportunity to boost the performance of an excellent Motel business.
Leasehold only for sale, not the freehold of the property.
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***Some details of the buisness 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.
*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.