West Coast Motel - Leasehold Business Opportunity

West Coast Motel - Leasehold Business Opportunity — Hospitality & Tourism · West Coast · Asking $695,000

Leasehold accommodation business comprising 18 modern one- and two-bedroom villas on the West Coast. Motel lease with around 27 years remaining plus a further 20-year right of renewal. Recent upgrades include floor coverings, furnishings, repainting and a new Starlink Wi-Fi system. Long-term vendors now retiring after a stable and consistently profitable history.

DealProspect/Listings/Hospitality & Tourism

West Coast Motel - Leasehold Business Opportunity

Motel

ActiveHospitality & TourismB2C

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Asking price

$695,000

Disclosed · NZD

Revenue (est.)

~$488,680

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

Earnings (est.)

~$182,554

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

Leasehold accommodation business comprising 18 modern one- and two-bedroom villas on the West Coast.
Motel lease with around 27 years remaining plus a further 20-year right of renewal.
Recent upgrades include floor coverings, furnishings, repainting and a new Starlink Wi-Fi system.
Long-term vendors now retiring after a stable and consistently profitable history.

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