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*** SOLD ***
Bargain! FHGC Motel in Taihape
Listing: #16078
Nols Bertram
Broker | Bay of Plenty
This listing is no longer taking enquiries as it is SOLD
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About this Business for sale in Rangitikei
Bargain! FHGC Motel in TaihapeNot often that you can buy a successful freehold going concern motel at this bargain price! The vendors want a quick sale and are inviting offers over $495,000 for the purchase of this little gem. Just look at all the features: • Great location on State Highway 1, only 45 minutes south of the Ruapehu Ski Fields • Lovely outlook onto native bush and rolling hills • Approximately 2400m2 of land • A single level complex comprising 14 units (12 x studios units, 2 x family units for up to 6 people) • Consistent turnover and a tidy cash surplus The owners’ accommodation is a separate building, consisting of two double bedrooms, one single bedroom and a large office, heated by a wood burner and a heat pump. There is also a large carport. The owners have invested substantially in refurbishment over the last couple of years including the installation of a very efficient hot water and motel central heating system. This is a great opportunity for a couple wanting to enter the growing accommodation industry. Interested? Then contact me now for further information.
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This listing is no longer taking enquiries as it is SOLD
*Profit: 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.