9-Unit Leasehold Motel, Whangarei

9-Unit Leasehold Motel, Whangarei — Hospitality & Tourism · Whangarei · Asking $400,000

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…

DealProspect/Listings/Hospitality & Tourism

9-Unit Leasehold Motel, Whangarei

Motel

ActiveHospitality & TourismNorthlandB2C

Find funding for this deal →View original listing ↗

Asking price

$400,000

Disclosed · NZD

Revenue (est.)

~$307,456

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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