Executive Motel Top Location

$575,000ChristchurchListing: #CS00094


Christchurch  


$575,000


Accommodation/Motel/Hotel
Refer to Broker


About this business for sale

Executive Motel Top Location

 

Located in Riccarton, this motel has a great profile, as it is located adjacent to a large shopping complex on a busy road.

Great choice of shops, restaurants and cafes nearby.

The units are all very well equipped with a quality fit-out, and well maintained, making this a very desirable business for a new owner. 

All units are double glazed and have heat pumps.

The manager's residence has 3 bedrooms and is a very comfortable retreat when not attending to the guests.

The central location and presentation of this complex have made it very popular with corporate clients as well as visitors to the area, both from NZ and abroad.

With the predicted huge increase in tourist numbers visiting NZ and the current exciting redevelopment of Christchurch's city centre here is a good chance for an energetic operator to take this business to its next level.

The size and design of this motel makes it easily to manage by one owner with part-time help, or would be an ideal business for a couple where one has other work/business interests.

If you are looking for a motel business this is well worth considering.

Call Sally now for more information.

 

 

Christchurch & South Island
sally.everitt@linkbusiness.co.nz
+64 3 595 0935
+64 21 988 138

Sally Everitt

*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.