Freehold Motel, Geraldine

Freehold Motel, Geraldine — Hospitality & Tourism · Geraldine · Asking $1,579,000

Freehold motel and motor lodge in a modern complex at Geraldine, one of the South Island's popular touring stops. Strong forward bookings and great reviews; popular with corporates, solo travellers and couples, with many repeat clients. Spacious three-bedroom owner's residence, one room self-contained as a B&B or overflow unit. Sited on 2,397sqm with room at the rear for owner privacy and…

DealProspect/Listings/Hospitality & Tourism

Freehold Motel, Geraldine

Motel

ActiveHospitality & TourismCanterburyB2C

Find funding for this deal →View original listing ↗

Asking price

$1,579,000

Disclosed · NZD

Revenue (est.)

~$1,088,140

Estimated · comparable listings of this type and size

Earnings (est.)

~$421,067

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~3.7×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Freehold motel and motor lodge in a modern complex at Geraldine, one of the South Island's popular touring stops.
Strong forward bookings and great reviews; popular with corporates, solo travellers and couples, with many repeat clients.
Spacious three-bedroom owner's residence, one room self-contained as a B&B or overflow unit.
Sited on 2,397sqm with room at the rear for owner privacy and potential future development, subject to consents; the only motel for sale in Geraldine.

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