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17-Unit Motel Business in Christchurch

Motel

ActiveHospitality & TourismCanterburyB2C
Asking price
N/A
Disclosed · NZD
Revenue
—
Earnings
—
Implied multiple
—

Brief

  • Fully refurbished 17-unit motel business on busy Main North Road in Christchurch
  • Comfortable three-bedroom, two-bathroom accommodation included for the operators
  • Quality chattels throughout with strong presentation for travelling and corporate guests
  • Close to Northlands Mall shopping centre with easy access to Christchurch CBD
  • Positioned to benefit from Christchurch's growing tourism sector
Listed
9
active
Median asking
$600K
7 priced
Earnings multiple
3.2×
12 listings
Asking price spread7 of 9 state a price
14%
57%
29%
$250K–$500K$1M–$2.5M

New Zealand 83 · Bay of Plenty 10 · Waikato 8

Restaurants 13

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