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Motel Business for Sale in Timaru

Asking: $750,000
Turnover:
Type: Accommodation
Location: Timaru
Superior Motel, New Leasehold Opportunity $750,000. Excellent growth in revenue and occupancy. Enjoys a prominent location on SH1.
Business Description:
UNDER OFFER BUT PLEASE ENQUIRE FOR FURTHER INFORMATION. A superbly presented motel complex that is showing excellent growth in revenue and occupancy. Enjoying a prominent location on SH1, this attractive motel is now available with a new 35 year lease. This near new complex is very well appointed with quality furnishings throughout. The spacious motel rooms are popular with guests of whom good proportion are considered regulars. The owners residence is also of a very high standard, providing a relaxing environment from which to operate the business.
Business Resources:
We would thoroughly recommend this opportunity to genuine purchasers as this complex is exceptionally well presented and has a good base of clients for a new operator to build on.
Contact:
Kelvyn Coffey from Coffeys Tourism Property Brokers Ltd (Licensed Agent REAA 2008) on 03 366 9040, any time, or email info@coffeys.co.nz
Listing ID: 17147
Listing URL:
www.nzbizbuysell.co.nz/17147
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