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*** SOLD ***
Motel in Central City - Recently Refurbished
Listing: #18222
Therese Bailey
Broker | Waikato
This listing is no longer taking enquiries as it is SOLD
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About this Business for sale in
Motel in Central City - Recently RefurbishedThis Motel has been recently upgraded by the current owner - the occupancy rate has increased over the last 6 months and repeat business is starting to build. It is well positioned on busy Ulster Street just a 15 minute walk from Hamilton CBD and a 5 minute walk to the Waikato stadium. The Motel has 16 units all fitted out with high quality bedrooms, bathrooms and kitchens. All units are equipped with Sky and DVD/TV plus high speed internet. Units are made up of studios, one bedroom and two bedrooms options. The Owners accommodation is spacious and comfortable with 4 bedrooms and a large garage. This Motel is ready for the new owner to take it to the next level and enjoy the rewards as all the hard work has been done. Price + SAV
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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.