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DealProspect/Listings/Hospitality & Tourism

Motel Leasehold, Franz Josef

Motel

ActiveHospitality & TourismWest CoastB2C
Asking price
$690,000
Disclosed · NZD
Revenue (est.)
~$475,501
Estimated · comparable listings of this type and size
Earnings (est.)
~$178,562
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.9×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Seventeen-unit leasehold motel in the Franz Josef glacier region; business lease $690,000
  • High proportion of top-earning two-bedroom chalets, spread over 8000sqm with countryside views
  • Standalone two-storey, three-bedroom, two-bathroom managers residence
  • Secured by a long-term registered lease
  • Brisk summer trade in a busy West Coast glacier destination