Beachside Motel, Ohope

Beachside Motel, Ohope — Hospitality & Tourism · Ohope · Asking $360,000 · Revenue $400,000

Well-established motel a minute from Ohope Beach and close to Ohiwa Harbour, in a desirable coastal destination. Currently run by a single working owner, balancing income and lifestyle, with a strong reputation among holidaymakers, repeat guests and corporate travellers. Spacious apartment-style guest units, a two-bedroom owner's residence, guest and commercial laundry, and ample parking. Annual…

DealProspect/Listings/Hospitality & Tourism

Beachside Motel, Ohope

Motel

ActiveHospitality & TourismBay of PlentyB2C

Find funding for this deal →View original listing ↗

Asking price

$360,000

Disclosed · NZD

Revenue

$400,000

TTM

Earnings (est.)

~$92,280

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~3.9×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Well-established motel a minute from Ohope Beach and close to Ohiwa Harbour, in a desirable coastal destination.
Currently run by a single working owner, balancing income and lifestyle, with a strong reputation among holidaymakers, repeat guests and corporate travellers.
Spacious apartment-style guest units, a two-bedroom owner's residence, guest and commercial laundry, and ample parking.
Annual occupancy averaging around 66%, with upside through stronger marketing, OTA utilisation and refurbishment.

Motels in Bay of Plenty

All 8 →

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

This listing · $360K

33%

17%

$250K–$500KOver $5M

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

Takeaways 10

Priced like this one

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