Modern 10-Unit Motel Lease, Christchurch
Motel
ActiveHospitality & TourismCanterburyB2C
Asking price
$440,000
Disclosed · NZD
Revenue (est.)
~$414,977
Estimated · comparable listings of this type and size
Earnings (est.)
~$118,797
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.7×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Modern, purpose-built 10-unit motel complex on a business lease in a desirable Christchurch location, finished to a high standard and positioned to face north (B2C).
- On the main arterial route from the northern motorway into Christchurch, in an emerging 'motel mile' accommodation hub with excellent visibility.
- An ideal size for an owner-operator couple, allowing one partner to manage operations while the other pursues other interests.
- Business lease $440,000.
More hospitality & tourism businesses for sale
- Motueka Backpacker Hostel & Accommodation BusinessBackpackers / Hostel · Tasman · $425,000
- Escorted Group Tour BusinessTourism Operator · Auckland · $450,000
- Beaumont Apartments Management Rights, Mount MaunganuiManagement Rights · Bay of Plenty · $2,495,000
- Rotorua Accommodation & Holiday Park – ~100 UnitsHoliday Park · Bay of Plenty · $1,180,000
- Central Christchurch Hotel - Leasehold BusinessMotel · Canterbury · $2,450,000
- Freehold Motel Investment - GoreMotel · Southland · $1,990,000
- Motel Leasehold Opportunity, GoreMotel · Southland · $499,000
- Freehold Motel, CambridgeMotel · Waikato · Price by Negotiation