Franchise Hotel with Excellent Returns - Tauranga

Franchise Hotel with Excellent Returns - Tauranga — Hospitality & Tourism · Tauranga · Asking $1,200,000 · Revenue $1,900,000 · Profit $370,000

Franchise-branded serviced apartment hotel in central Tauranga CBD 28 apartments across studio, one-, two- and three-bedroom layouts on long leases Balanced mix of business and leisure guests Minutes from key business and leisure hubs, with visitor numbers growing Suits an owner-operator seeking entry into the accommodation franchise sector Business Investor Visa (BIV) category

DealProspect/Listings/Hospitality & Tourism

Franchise Hotel with Excellent Returns - Tauranga

Hotel

ActiveHospitality & TourismBay of PlentyB2C

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Asking price

$1,200,000

Disclosed · NZD

Revenue

$1,900,000

TTM

Profit

$370,000

Implied multiple

3.2×

asking / earnings

Brief

Franchise-branded serviced apartment hotel in central Tauranga CBD
28 apartments across studio, one-, two- and three-bedroom layouts on long leases
Balanced mix of business and leisure guests
Minutes from key business and leisure hubs, with visitor numbers growing
Suits an owner-operator seeking entry into the accommodation franchise sector
Business Investor Visa (BIV) category

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