This Wairarapa Motel is an established leasehold accommodation business offering the chance to live on site and build a lifestyle around motel ownership. With a three-bedroom manager's home, an established operating base and a long lease, the business suits a couple, family or multigenerational owner.
• 3-year weighted EBPITDA to one working owner: $242,000
• 12 motel units plus a three-bedroom manager's home
• Lease runs to 9 April 2047
• Reported 71.86% occupancy for 1 April 2023 to 31 March 2026
• WINZ-approved emergency housing provider.
Revenue is generated through short-stay accommodation, regular corporate and project guests, domestic travellers and WINZ-approved emergency housing. The operation suits a working couple, with on-site living and additional cleaning support already built into the model.
The next owner can build on the existing base through room-rate management, corporate account development, digital booking channels and stronger use of the on-site home for family or multigenerational living.
Price $680,000 + GST if any.
Further information is available to qualified buyers following completion of the confidentiality process.
Contact Graham Pudney - 021 587 010 or Suresh Kumar - 021 504 226.
Please complete our online confidentiality agreement. Copy and paste this link into your browser:www.ds4u.cc/abc?ref=36839
