Motel Business in Central Nelson

Motel Business in Central Nelson — Hospitality & Tourism · Nelson · Asking $1,355,400

Motel business in central Nelson, a five-minute walk from the CBD 16 air-conditioned, double-glazed rooms and suites with kitchenettes Purpose-built in 2000 and progressively upgraded by the current owners Mix of leisure and corporate guests, with repeat conference, events and sporting trade Sold as a leasehold going concern

DealProspect/Listings/Hospitality & Tourism

Motel Business in Central Nelson

Motel

ActiveHospitality & TourismB2C

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Asking price

$1,355,400

Disclosed · NZD

Revenue (est.)

~$943,543

Estimated · comparable listings of this type and size · typically within ±30%

Earnings (est.)

~$356,019

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

Typical multiple

~3.8×

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

Brief

Motel business in central Nelson, a five-minute walk from the CBD
16 air-conditioned, double-glazed rooms and suites with kitchenettes
Purpose-built in 2000 and progressively upgraded by the current owners
Mix of leisure and corporate guests, with repeat conference, events and sporting trade
Sold as a leasehold going concern

Priced like this one

nearest on the figure this listing states