Boutique Motel, Kerikeri

Boutique Motel, Kerikeri — Hospitality & Tourism · Kerikeri · Asking $3.9m

Thriving boutique accommodation business in subtropical Kerikeri, successfully rebranded and over-delivering in a mid-range environment (B2C). An outstanding online strategy (a 9.5 Booking.com rating and strong reviews) delivering high occupancies and repeat customers. Ten beautifully appointed apartments and studios appealing to leisure and business travellers, run by ex-luxury-lodge owners. A…

DealProspect/Listings/Hospitality & Tourism

Boutique Motel, Kerikeri

Motel

ActiveHospitality & TourismNorthlandB2C

Find funding for this deal →View original listing ↗

Asking price

$3,900,000

Disclosed · NZD

Revenue

—

EBITDA (est.)

~$1,117,671

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~3.5×

Assumed · asking ÷ estimated EBITDA

Brief

Thriving boutique accommodation business in subtropical Kerikeri, successfully rebranded and over-delivering in a mid-range environment (B2C).
An outstanding online strategy (a 9.5 Booking.com rating and strong reviews) delivering high occupancies and repeat customers.
Ten beautifully appointed apartments and studios appealing to leisure and business travellers, run by ex-luxury-lodge owners.
A standalone three-bedroom owner's residence with subtropical gardens and an outdoor spa; land, buildings and business, offers over $3.9m.

More hospitality & tourism businesses for sale

Motels for sale in Northland (9) →