Ad ID: 68814 Inactive

Hotel Motel Accommodation for Sale Christchurch

Cash Cow - Top Location, Top Opportunity

Location:
Asking:
$1,950,000

Business for Sale Description

Hotel Motel Accommodation for Sale Christchurch

Accommodation business operated under a management rights lease, managing 40 units in a modern complex, close to restaurants, cafes, Christchurch Hospital, and close to Christchurch’s iconic Hagley Park, which has an international cricket ground (Hagley Oval) as well as tennis courts, a golf course, and Christchurch Botanic Gardens.

This business is very profitable, receiving a percentage of all accommodation income as well as income from other cost centres. A two-bedroom Manager’s apartment is leased. Excellent off-street carparking is provided. The good lease is secured for an excellent term.

Here is an outstanding opportunity for a Purchaser to achieve excellent profitability on an easily-operated business, which our Vendor has successfully operated for over 10 years.

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