Motel Business, Significant Profit
Listing: #EL03200Lindsay Sandes
Broker | Auckland - Ellerslie

About this Business for sale in Hamilton
Motel Business, Significant Profit
One of Hamiltons finest corporate properties that retained dedicated & corporate clientele.
The results speak for themselves, a motel business with ongoing growth and a strong trading future.
Why this business is desirable to discerning purchasers:
- Robust and defendable financials.
- Lease tenure until Feb 2051
- 24 well-presented rooms
- Conference room
- Indoor swimming pool
- Strong occupancies
With ample onsite car parks and space, the motor lodge is located in a quiet street, close to Hamiltons CBD. The business can be run under management or by owner-operators living in well-presented, large, onsite owners accommodation. Astute buyers will act now as few corporate accommodation businesses are available in todays
Set Price $1,625,000
Lindsay Sandes, 021 895 940, lindsay.sandes@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business
#buybusiness #accommodation  #motel #services #lodge #hamilton
*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.