Napier Coastal Motel Lease, 35 Units

Napier Coastal Motel Lease, 35 Units — Hospitality & Tourism · Napier · Asking $1,595,000

Large 35-unit motel business on a long leasehold term, close to Westshore beach and Napier CBD Family-friendly four-bedroom owner's accommodation plus a pool Mix of unit types attracting a broad range of guests Suits a hands-on operator or an investor running the business under management

DealProspect/Listings/Hospitality & Tourism

Napier Coastal Motel Lease, 35 Units

Motel

ActiveHospitality & TourismHawke's BayB2C

Find funding for this deal →View original listing ↗

Asking price

$1,595,000

Disclosed · NZD

Revenue (est.)

~$1,121,502

Estimated · comparable listings of this type and size · typically within ±30%

Earnings (est.)

~$418,954

Estimated · comparable listings of this type and size · typically within ±25%

Typical multiple

~3.8×

comparable listings of this type and size · typically within ±25%

Brief

Large 35-unit motel business on a long leasehold term, close to Westshore beach and Napier CBD
Family-friendly four-bedroom owner's accommodation plus a pool
Mix of unit types attracting a broad range of guests
Suits a hands-on operator or an investor running the business under management

Get new motels in New Zealand by email

Free · no account · unsubscribe anytime

Priced like this one

nearest on the figure this listing states