Kaikoura Leasehold Motel

Kaikoura Leasehold Motel — Hospitality & Tourism · Kaikoura · Asking $790,000

Leasehold motel in the picturesque coastal town of Kaikoura, which attracts over 350,000 visitors annually (B2C). 20 units across two-bedroom, one-bedroom and studio apartments (three accessible, 11 with spa baths), plus a conference room and heated pool. A contemporary three-bedroom owner's quarters connected to reception; recent upgrades throughout (new beds, paint, carpets, double glazing). 16…

DealProspect/Listings/Hospitality & Tourism

Kaikoura Leasehold Motel

Motel

ActiveHospitality & TourismCanterburyB2C

Find funding for this deal →View original listing ↗

Asking price

$790,000

Disclosed · NZD

Revenue (est.)

~$544,415

Estimated · comparable listings of this type and size

Earnings (est.)

~$210,667

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~3.7×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Leasehold motel in the picturesque coastal town of Kaikoura, which attracts over 350,000 visitors annually (B2C).
20 units across two-bedroom, one-bedroom and studio apartments (three accessible, 11 with spa baths), plus a conference room and heated pool.
A contemporary three-bedroom owner's quarters connected to reception; recent upgrades throughout (new beds, paint, carpets, double glazing).
16 years remaining on the lease (pricing reflects the term); vendor finance available; asking $790,000.

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