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DealProspect/Listings/Hospitality & Tourism

Central Christchurch Hotel - Leasehold Business

Motel

ActiveHospitality & TourismCanterburyB2C
Asking price
$2,450,000
Disclosed · NZD
Revenue
EBITDA (est.)
~$679,160
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.6×
Assumed · asking ÷ estimated EBITDA
Brief
  • Modern, centrally located Christchurch hotel producing excellent financial performance
  • Includes an upmarket restaurant and bar operation
  • Fully managed for the absentee owner
  • Sizeable operation with no affiliations, leaving all options open to a new operator