9-Unit Leasehold Motel, Whangarei
Motel
ActiveHospitality & TourismNorthlandB2C
Asking price
$400,000
Disclosed · NZD
Revenue (est.)
~$377,252
Estimated · comparable listings of this type and size
Earnings (est.)
~$107,997
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~3.7×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
- Leasehold 9-unit motel business in Whangarei, two hundred metres from Kensington Stadium
- Five minutes from the Whangarei town centre
- Clean, comfortable and well-maintained, with a choice of studios and one-bedroom units
- Caters to a good cross-section of travellers with positive guest commentary
- Fully functional motel operation suited to new entrants to the tourism accommodation industry
- Affordable entry point offering a lifestyle with income
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