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DealProspect/Listings/Hospitality & Tourism

9-Unit Leasehold Motel, Whangarei

Motel

ActiveHospitality & TourismNorthlandB2C
Asking price
$400,000
Disclosed · NZD
Revenue (est.)
~$320,976
Estimated · comparable listings of this type and size · typically within ±30%
Earnings (est.)
~$108,307
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

  • 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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