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Established Motel, Whanganui

Motel

ActiveHospitality & TourismManawatū-WhanganuiB2B & B2C
Asking price
$300,000
Disclosed · NZD
Revenue (est.)
~$240,732
Estimated · comparable listings of this type and size · typically within ±30%
Earnings (est.)
~$81,230
Estimated · comparable listings of this type and size · typically within ±25%
Typical multiple
~3.7×
comparable listings of this type and size · typically within ±25%

Brief

  • Established motel in a busy Whanganui regional market with a reliable mix of leisure, corporate and contractor guests
  • 10 self-contained guest units with full kitchens, plus a large four-bedroom manager's residence
  • Practical layout, easy access and strong parking, built for efficient day-to-day management
  • New 20-year lease available to an incoming owner for long-term security
  • Upside via stronger pricing, improved booking mix and more direct bookings; suits owner-operators

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