Franchise Hotel with Excellent Returns - Tauranga
Hotel
ActiveHospitality & TourismBay of PlentyB2C
Asking price
$1,200,000
Disclosed · NZD
Revenue
$1,900,000
TTM
Earnings
$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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