Outstanding Vibrant Accommodation Business
Listing: #EL03876Lindsay Sandes
Broker | Auckland - Ellerslie

About this Business for sale in New Plymouth
Outstanding Vibrant Accommodation BusinessOutstanding Vibrant Accommodation Business
This boutique, modern and contemporary accommodation is renowned for its unique profile. On offer is a CBD located stylish property offering a variety of room types to suit groups of varying sizes. Guests enjoy the highest standard of service, solidifying its reputation as one of the best motel / hotels in the region.
An astute, savvy purchaser will invest in this business, and based on current sales growth trends, reap the benefits for the future. This turnkey operation has sound operating systems, and the vendors have invested heavily to ensure every aspect of maintenance, décor, fit out, chattels is superbly presented, future proofing for new owners.
Key reasons to consider this accommodation business.
- Just over 5 years young
- 30+ rooms
- Predominantly corporate guests supplemented by leisure visitors.
- Enjoys a very significant regional share of this market.
- 30-year lease
- Significant profits
- Turnkey offering, presents as new.
- Welcoming reception, office, and owners / managers accommodation
Astute, willing purchasers should consider this business purchase.
Price: $1,700,000
***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.
*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.