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
Priced like this one
nearest on the figure this listing states- Rotorua Accommodation & Holiday Park – ~100 UnitsHoliday Park · Bay of Plenty · $1,180,000
- TOP 10 Holiday Park, RoxburghHoliday Park · Otago · $1,150,000
- Management Rights Business – Auckland CBDManagement Rights · $1,050,000
- Amethyst Court Motor Lodge – WellingtonMotel · $1,450,000
- Management Rights & Freehold Apartment, Ohope BeachManagement Rights · Bay of Plenty · $990,000
- 14-Unit Motel, KatikatiMotel · Bay of Plenty · $979,000