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DealProspect/Listings/Hospitality & Tourism

Coastal Accommodation, Function Venue & Motorhome Park, Leigh

Motel

ActiveHospitality & TourismAucklandB2C
Asking price
$3,700,000
Disclosed · NZD
Revenue
EBITDA (est.)
~$974,325
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.8×
Assumed · asking ÷ estimated EBITDA
Brief
  • Diversified coastal hospitality operation at the centre of Leigh's visitor economy, north of Auckland
  • Combines guest accommodation, a function and events venue, and a motorhome park for a diversified income base
  • Located 3.5km from the Goat Island Marine Reserve, which welcomes around 350,000 visitors annually, and close to the Matakana wine and food region
  • Sold as land, buildings and business together, suiting an investor seeking a lifestyle-rich coastal asset
  • Recognised potential for expansion with plans already in place