Ad ID: 63331

Motel Accommodation for Sale Timaru

Timaru: Prime Position & Profits at this Affordable Entry Level Price! Business Lease For Sale.

Location:
Asking:
$495,000

Business for Sale Description

Motel Accommodation for Sale Timaru

Strategic State Highway Central Timaru Motel & Backpackers.

This accommodation is aimed at the budget sector of the market and is enjoying very good consistent occupancy and revenue. Much of this is coming from long-term accommodation to companies who wish to house their staff for extended periods.

The complex is comprised of 11 motel units and a further 2 backpacker facilities accommodating up to 20 people. A recent addition to the complex is a 5 bedroom, 2 bathroom house which has been renovated and has the option of to be the accommodation for an owner with a larger family. The current 2 bedroom owners’ accommodation could then go back into the letting pool.

The business is currently under management and the owner wishes to set up a long-term lease and let an owner operator take it from here.


Business Resources

This presents an opportunity to purchase a very established business at a very opportune price. The vendor is motivated to sell and has priced the business below a recent registered valuer’s appraisal.

We note it is very hard to find an accommodation business in this price range in today’s market and a rare opportunity to secure a profitable operation in the tightly held Timaru / South Island accommodation sector.

We would welcome your enquiry on this motel & backpackers for sale in Timaru via this website or by phoning Adam Berry on 0800 263339, DDI 03 550 0520 or 021 409 441.

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Similar Business Opportunities:
Motels for Sale Timaru
Businesses for Sale Timaru
Coffeys Tourism Property Brokers Ltd
For more info
Contact:

Adam Berry

Kelvyn Coffey
0800 263 339 or 021 409 441
Phone: Adam Berry or 021 409 441
Coffeys Tourism Property Brokers Ltd
REAA 2008
Broker Ref: 1977

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