Motel – Timaru

Motel – Timaru — Hospitality & Tourism · Timaru · Asking $549,000

Long-established Timaru motel capable of hosting up to 70 guests 17 years of consistent ownership with strong, proven financials Diverse, loyal customer base including tradespeople, sports teams, school groups and tourists Minimal owner involvement with a long-serving team and live-in manager Business-only or freehold going concern purchase options available

DealProspect/Listings/Hospitality & Tourism

Motel – Timaru

Motel

ActiveHospitality & TourismCanterburyB2B & B2C

Find funding for this deal →View original listing ↗

Asking price

$549,000

Disclosed · NZD

Revenue (est.)

~$382,179

Estimated · comparable listings of this type and size

Earnings (est.)

~$146,400

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~3.8×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Long-established Timaru motel capable of hosting up to 70 guests
17 years of consistent ownership with strong, proven financials
Diverse, loyal customer base including tradespeople, sports teams, school groups and tourists
Minimal owner involvement with a long-serving team and live-in manager
Business-only or freehold going concern purchase options available

Motels in Canterbury

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Listed

+3 in 30 days

Median asking

$695K

10 priced

Earnings multiple

3.2×

27 listings

Asking price spread10 of 11 state a price

This listing · $549K

10%

60%

30%

$250K–$500K$1M–$2.5M

Bay of Plenty 9 · Northland 9 · Manawatu-Whanganui 8

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