nzbizbuysell.co.nz/75722
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. 

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?

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

Therese Bailey

0800225999 or 021 133 0624
LINK Bay of Plenty
Licensed REAA 2008
Broker Ref: BPW00863

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