Profitable Motel Leasehold, Blenheim CBD
Motel
ActiveHospitality & TourismMarlboroughB2C
Asking price
$995,000
Disclosed · NZD
Revenue (est.)
~$685,687
Estimated · comparable listings of this type and size
Earnings (est.)
~$257,492
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.9×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Highly profitable 18-room motel leasehold in the heart of Blenheim's CBD, with a strong recognised brand (B2C).
- Consistent summer trade and significant winter conference activity; predominantly corporate clientele, with studio and one-bedroom units (two accessible, all pet-friendly).
- A spacious three-bedroom owner's quarters, a Qualmark 4-star rating and recent upgrades (carpet, heat pumps, EV charging).
- The lease will be topped up to 21 years on sale; retiring operators; price reduced to $995,000.
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