Link Business
*** SOLD ***

Prime Turn Key Motel Whakatane, Location, Location, Location

Listing: #HC00347
price

$880,000

Profit

sales

$593,046

industry

Whakatane



About this Business for sale in Whakatane

Prime Turn Key Motel Whakatane, Location, Location, Location

The vendors of Barringtons Motor Lodge have invested heavily to present this motel in pristine condition.   

Barrington's is superbly located on the ‘motel mile’. Barringtons has been a very consistent performer over the years enjoying high occupancy rates and has a strong corporate/business/government clientele.  It is well known that Whakatane punches well above its weight for year-round occupancy.

Barringtons also offers a spacious, true family-size home of 3 bedrooms - and Whakatane is certainly a family town, with everything at your doorstep - schools, sport, surf, fishing, boating etc.

  • 14 very spacious units 
  • Large well-maintained 3BR family home
  • Significant growth potential
  • Maintained to a very high standard, all the hard work has been done!
  • A huge 80% of visitors to Whakatane are from the domestic market
  • Whakatane attracts around 100,000 visitors a year, as a ‘mecca’ for boating, fishing, tramping
  • Whakatane has a huge cultural and sporting focus with strong associated demand for accommodation year-round

 

The current owners have made maintenance, refurbishment and presentation their top priority, with the  motel units - and the family home, presented to a high standard, Plenty of time for recreation with the low maintenance, fully paved grounds.

This motel ticks all the boxes for a financially rewarding lifestyle business in the sun-drenched Eastern Bay of Plenty.

Make a positive move and call Ross NOW to view

 

For more information please contact:

Ross Candy, 027 223 3696, ross.candy@linkbusiness.co.nz 

Gordon Fridge, 022 156 9330, gordon.fridge@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 #whakatane #barringtonsmotorlodge #accommodation

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.