14-Unit Motel, Katikati

14-Unit Motel, Katikati — Hospitality & Tourism · Katikati · Asking $979,000

Well-presented 14-unit motel in the mural town of Katikati, Bay of Plenty Prime main-thoroughfare position close to township amenities, with a swimming pool Strong lease in place providing long-term security for the incoming operator Spacious three-bedroom owner's accommodation; genuine upside and year-on-year growth

DealProspect/Listings/Hospitality & Tourism

14-Unit Motel, Katikati

Motel

ActiveHospitality & TourismBay of PlentyB2C

Find funding for this deal →View original listing ↗

Asking price

$979,000

Disclosed · NZD

Revenue (est.)

~$681,518

Estimated · comparable listings of this type and size

Earnings (est.)

~$261,067

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~3.7×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Well-presented 14-unit motel in the mural town of Katikati, Bay of Plenty
Prime main-thoroughfare position close to township amenities, with a swimming pool
Strong lease in place providing long-term security for the incoming operator
Spacious three-bedroom owner's accommodation; genuine upside and year-on-year growth

Motels in Bay of Plenty

All 9 →

Listed

+1 in 30 days

Median asking

$979K

7 priced

Earnings multiple

3.2×

27 listings

Time listed

71d

5 tracked

Asking price spread7 of 9 state a price

This listing · $979K

29%

14%

$250K–$500KOver $5M

Canterbury 11 · Northland 9 · Manawatu-Whanganui 8

General retail businesses 11 · Takeaways 10 · Building and construction businesses 9 · Restaurants 9

Priced like this one

All 9 →