Ad ID: 68452

Leasehold Motel for Sale Waikato

Leasehold Motel, Returning $360K+ to Working Couple

Location:
Asking:
$1,300,000

Business for Sale Description

Leasehold Motel for Sale Waikato

A profitable leasehold motel in the Waikato region is for sale. Currently under full management, the owners do not usually get involved in the day-to-day operations. 

Current owners are motivated and have other plans for their future.

  • Located in a highly demanded place with many activities and attractions. 
  • More than 29 years lease remaining. 
  • Returning over $285K pa in accounts 2017 for non-working owners, would return $360K+ for a working couple. 
  • Three bedroom owners accommodation attached to the motel. 
  • Rent is around 32% of the turnovers. 
  • Turnovers increased by 18.6% in April, May, June and July 2017 to the same period last year. 
  • Motivated owners welcome any reasonable offers.  
  • Much potential to grow. 


To find out more, go to www.linkbusiness.co.nz/BPW00454
and press the “Enquire Now” button to complete an online confidentiality agreement. 

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.


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Similar Business Opportunities:
Motels for Sale Waikato
Businesses for Sale Waikato
Bay Business Brokers Ltd
For more info
Contact:

Paul Lu

0800 225 999 or 021 047 4988
Phone: Paul Lu or 021 047 4988
Link - Bay Business Brokers
Licensed REAA 2008
Broker Ref: BPW00454

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