Link Business
*** SOLD ***

Do you Want a Top Motel, Top Location, Top Income?

Listing: #HC00328
price

$2,500,000

Profit

$594,230

sales

$1,254,173

industry

Hawkes Bay



About this Business for sale in Hawkes Bay

Do you Want a Top Motel, Top Location, Top Income?

Havelock North – “Excellent” is not good enough for this stunner!

Wine Country Motel is arguably one of the best performing accommodation businesses in the region – if not the very best!   Sited on 4 separate blocks, with 28 units and conference room, along with the only in-ground motel pool in the location and a spacious 3-bedroom owner’s home, this motel is highly profitable with consistent occupancy & tariffs, yet with even further upside.    It would be difficult to find another such successful business, in such a prime location, offering such a stunning Hawke’s Bay lifestyle, with a stunning income to match!    Careful, regular and ongoing maintenance ensures that a new owner will simply walk in and reap the rewards.  

Key Features

  • A​n​ attractive ​long lease 
  • ​Phenomenal income​/​commanding tariffs​ &​ occupancy
  • huge  financial capacity  if you choose to run under management
  • Well utilised, 30 pax Conference Centre and swimming pool
  • Immaculate, low maintenance, with modern appeal
  • S​pacious, modern, 3 bed owner’s family home
  • Walking distance to wineries

 

When only the best will do – when a change-up in lifestyle is desired, when a prime location is a must, when quality is the key, when a mouth-watering income ensures all the above – then an early viewing of this motel should be your priority!

 

***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.

Enquire Now
This listing is no longer taking enquiries as it is SOLD
Bay of Plenty
gordon.fridge@linkbusiness.co.nz
+64 7 579 4994
+64 22 156 9330

Gordon Fridge

*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.