Central Christchurch Hotel - Leasehold Business

Central Christchurch Hotel - Leasehold Business — Hospitality & Tourism · Christchurch · Asking $2,450,000

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

DealProspect/Listings/Hospitality & Tourism

Central Christchurch Hotel - Leasehold Business

Motel

ActiveHospitality & TourismCanterburyB2C

Find funding for this deal →View original listing ↗

Asking price

$2,450,000

Disclosed · NZD

Revenue

—

EBITDA (est.)

~$633,730

Estimated · comparable listings of this type and size · typically within ±20%

Typical multiple

~3.9×

comparable listings of this type and size · typically within ±20%

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

Motels in Canterbury

Motels for sale in Canterbury (9) →

Listed

active

Median asking

$600K

7 priced

Earnings multiple

3.2×

12 listings

Asking price spread7 of 9 state a price

This listing · $2.5M

14%

57%

29%

$250K–$500K$1M–$2.5M

New Zealand 83 · Bay of Plenty 10 · Waikato 8

Restaurants 13

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