Ad ID: 75722

7 Unit Motel for Sale Waikato

Entry level Motel, Returning $70k to 1 Owner, 30 Year Lease!

Location:
Asking:
$260,000

Business for Sale Description

7 Unit Motel for Sale Waikato

Are you sick of motels with asking price over $500k even 1-2 million? Too much financing costs and bank assessments. Here is a good opportunity for investors/owners operators with no experience nor much initial funds. It is totally an ideal entry level motel to start.

Located in South Waikato, a 7-Unit motel without much road noise is available for sale. Currently, it is managed by a husband and wife team without any staff. No labour cost means higher returns to the vendors.

Some snapshot of the motel are:

• Approximate $70K cash surplus to a working owner

• Rent only a quarter of the turnovers

• 30 years long lease

• Simple operation, easy to run

• Regular customers base, steady income

• Lifestyle property with substantial retained profits

• Friendly landlord

• Good potential to grow the business

If you want to start your accommodation but limited fund, this is you number one choice. Contact you motel broker Paul Lu for further details.

To find out more, go to www.linkbusiness.co.nz/BPW00863

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.

Interested In This Opportunity?

Email To A Friend / Myself

 

Share this:

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

Paul Lu

0800225999 or 0210474988
Phone: Paul Lu 0800225... or 0210474988
Link - Bay Business Brokers
Licensed REAA 2008
Broker Ref: BPW00863

Sign up for the Latest Businesses For Sale

BUSINESS FOR SALE BULLETINS
quickly get the newest business opportunities.

SELECT BULLETIN(S):
  •