Reefton 30 year Leasehold Motel
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About this business for saleReefton 30 year Leasehold Motel
New to the Market 30 year lease on 12 unit motel
Centre of Gold Mining Town with long history of tourism
Great Returns for prime position motel
Can be run by 1 person + casual cleaning staff
This place has great character and guests love it !!!
Owned by long term family owners they now wish to sell the leasehold business
New 30 year lease to be put in place with a generous low rent.
A good mix of large units and studio rooms finished to a good quality level.
There is room for further development to add extra rooms in the future.
+64 3 595 0578
+64 22 351 6772
*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.