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Ohakune Motel

Motel

ActiveHospitality & TourismManawatū-WhanganuiB2C
Asking price
$430,000
Disclosed · NZD
Revenue
$408,000
TTM
Earnings
$138,000
Implied multiple
3.1×
asking / earnings

Brief

  • Established 18-unit motel at the foot of Tongariro National Park in Ohakune
  • High-profile position with sweeping views to Mt Ruapehu overlooking a domain
  • Studio, family and one-bedroom units serving corporates, families and holidaymakers
  • Established corporate clientele underpins year-round occupancy
  • Long lease in place, giving security to a new owner
  • Owner's accommodation included, with panoramic mountain views
  • Ongoing refurbishment programme to meet guest expectations
  • Figures quoted are 3-year rounded averages for sales and profit
  • Vendors are inviting all offers

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