Motel with Freehold for Sale

$2,090,000+StockAuckland CityListing: #NS00209


Auckland City  


$2,090,000+Stock


Accommodation/Motel/Hotel
Refer to Broker


About this business for sale

Motel with Freehold for Sale

This motel is located outside of Auckland about two and half hours’ drive.

*land size about 3,642 m².

*there are total 21 units plus manager accommodation, floor area 1,074 m² with outdoor swimming pool.

*The business growing by yearly, on account of 2015 showed EPITD was $292,588.

*Current owner not work in the business, current Occupancy rates only about 45%- 50%, potential to increase with current blooming tourism market

If you are looking for a great business opportunity with freehold, good return motel business under management with growing potential, here is the one, call me to view more info.

Auckland - North Shore
yong.wu@linkbusiness.co.nz
+64 9 930 0200
+64 21 678 980

Yong Wu

*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.