nzbizbuysell.co.nz/96033
Ad ID: 96033

17 Unit Motel with Conference Centre for Sale Palmerston North

Only motel in town with 24 Hours self check in kiosk. All rooms air conditioned and has own parking and cooking.  Closest motel to Massey Uni and National Veterinary Clinic. Esplanade Park, Manuwatu River and Lido Swimming Pool are all within walking distance.

Location:
Asking:
$850,000
+GST (Slightly Negotiable)
Turnover:
$600,000

Business for Sale Description

17 Unit Motel with Conference Centre for Sale Palmerston North

Accommodation for travellers to the town on a short and long term basis.  Popular among visitors coming to town for business, new job, treatment for pets or just visiting family and friends. All rooms offer cooking for those with culinary skills but if enjoy eating out, Cafe Bean Cafe is right across the street.  Many more choices of eatery within walking distance.  The 24 hour self check in kiosk allows guests to check in at their convenience without having to make any prior arrangements.  There is a laundry for guest use and parking at your door.

All 1 & 2 bedrooms have 2 TVs, one with Sky 50+ and the other is a Smart TV with Sky. Conference room with 50 guests capacity.

Huge 4 bedroom owners accommodation with heat pumps in bedrooms and gas heated lounge, private patio and ground floor en-suite master bedroom. Upstairs 3 bedrooms with separate bath/shower and toilet and small lounge. Two kitchens- one private and the other service kitchen. Ample storage.Good combination of units- 6 studios, 9 One bedrooms and 2 two bedrooms with access studios and one bedrooms.

Business Resources

Easy manage by a owner operator while spouse can work too or outside if preferred. With a good team of 3 to 5 casual part time HK staff it is an easy manage property.  Catering arrangements in place for conference related catering.  24 Hour check in Kiosk allows keeping reception closed after dark and walk ins can book themselves in using the kiosk too.  The automatic garden and building lights make things easy too.  Ibex/Seekom is the PMS that manages channels and feeds available room to Kiosk and updates automatically when a room sells.  Easy management report to keep track of the business. Reasonable rent and rent review completed until 2025.

Interested In This Opportunity?

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For more info
Contact: Owner

Owner

0212506189 or 044786803
Anytime

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