19-Unit Motel Near Tauranga CBD

19-Unit Motel Near Tauranga CBD — Hospitality & Tourism · Tauranga · Asking Price by Negotiation

19-unit motel near Tauranga CBD, a short drive from Mount Maunganui Two conference rooms and a swimming pool Generous 3-bedroom owners' residence Strong repeat business from domestic and international guests Regular refurbishment schedule; exterior repainted July 2023 Vendor selling due to retirement

DealProspect/Listings/Hospitality & Tourism

19-Unit Motel Near Tauranga CBD

Motel

ActiveHospitality & TourismBay of PlentyB2C

Find funding for this deal →View original listing ↗

Asking price

Price by Negotiation

Disclosed · NZD

Revenue

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Earnings

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Implied multiple

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Brief

19-unit motel near Tauranga CBD, a short drive from Mount Maunganui
Two conference rooms and a swimming pool
Generous 3-bedroom owners' residence
Strong repeat business from domestic and international guests
Regular refurbishment schedule; exterior repainted July 2023
Vendor selling due to retirement

Motels in Bay of Plenty

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Listed

active

Median asking

$998K

6 priced

Earnings multiple

3.2×

21 listings

Time listed

70d

5 tracked

Price drops

in 30 days

Asking price spread6 of 8 state a price

33%

17%

$250K–$500KOver $5M

New South Wales 30 · Queensland 19 · Victoria 19 · Canterbury 10 · Northland 9

Takeaways 10

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