Link Business
*** SOLD ***

Motel, Outright Ownership Has Benefits plus 17% Sales Increase YTD and Growing

Listing: #EL03659

Lindsay Sandes

Broker | Auckland - Ellerslie

Lindsay Sandes

lindsay.sandes@linkbusiness.co.nz

021 895 940

+64 21 895 940

This listing is no longer taking enquiries as it is SOLD

About this Freehold Going Concern for sale in Taumarunui

Motel, Outright Ownership Has Benefits plus 17% Sales Increase YTD and Growing

Freehold Going Concern - land, buildings and business!

Freehold Going Concern Investment opportunities are rare in this price bracket and even more so in a location that attracts repeat corporate business, plus, is a globally recognised tourism centre. Sales year to date are 17% above the same period last year and continue to climb.

Own and operate, or own and lease out, land bank, or choose to operate with social housing organisations. There are options for the new owner of this superbly located motel, one street back from the main highway – you can’t get a better location!  

Currently operated by a couple, the business has upside for a committed owner/operator to maximise the existing market and commit to further sales uplift.

Taumarunui is situated in the mighty King Country and 2 – 3 hours drive from Auckland, Rotorua, Hamilton and Taupo, Palmerston North and is the gateway to the Forgotten Highway Adventures, plus National Park.    

  • Own the lot and never experience landlord challenges                         
  • A number of income options – April – December 2022 sales up 17%
  • Mid-size motel, with spacious 2- bedroom, open plan owner’s home
  • Consistent turnover with sustainable accommodation demand in the region
  • Business is derived from farming, forestry, corporate and tourism sectors

 

This is a sound land, buildings and business investment, a lifestyle-sized business easily operated by a couple – location and business potential awaits a new owner.

 

***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.

Auckland - Ellerslie
lindsay.sandes@linkbusiness.co.nz
021 895 940
+64 21 895 940

Lindsay Sandes

Enquire Now
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.