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.)

~$102,021

Estimated · comparable listings of this type and size · typically within ±25%

Implied multiple (assumed)

~3.5×

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

Motels for sale in Bay of Plenty (10) →

Listed

active

Median asking

$600K

9 priced

Earnings multiple

3.2×

12 listings

Time listed

124d

8 tracked

Asking price spread9 of 10 state a price

This listing · $360K

44%

11%

22%

11%

$250K–$500KOver $5M

New Zealand 83 · Canterbury 9 · Waikato 8

Takeaways 8

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