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DealProspect/Listings/Hospitality & Tourism

Motel & Motor Lodge, Westport

Motel

ActiveHospitality & TourismWest CoastB2C
Asking price
$2,200,000
Disclosed · NZD
Revenue
EBITDA
Implied multiple
n/a
Price includes the property
Brief
  • Motel and motor lodge on over 4,000 square metres in central Westport
  • 27 rooms, an 80 to 100 seat restaurant, three bars including a conference room, and 28 car parks
  • Buildings upgraded to 67% NBS with well-presented rooms; property fully insured
  • Currently not operating, with the vendors open to providing finance assistance
  • Local accommodation demand supported by a proposed mineral separation plant nearby