Larger Motel Complex - Christchurch
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About this business for saleLarger Motel Complex - Christchurch
Accommodation business for sale with long lease.
Prime location on arterial route within 5 minutes of Christchurch Airport. Many attractions and activities nearby.
The 19 spacious units consist of a 2 bedroom townhouse which sleeps 6, plus 4 x 1 bedroom units and 14 spacious studios.
The owners’ accommodation consists of a separate 2 bedroom home with a sheltered and private outdoor area.
The property is well maintained having had a complete interior repaint in 2016, and ongoing chattel upgrades.
This business offers a good income to a working couple or family with part time help.
Currently the business is under management.
Genuine sale to owners’ other interests.
Call now – this very good business will attract a lot of inquiry.
+64 3 595 0935
+64 21 988 138
*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.