16 Unit Motel Complex
Location New Zealand
Asking Price Range $1.0M - $2.5M
Gross Revenues $300000
Net Profit / Cash Flow $200000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2000
Number of Employees 1 - 3
Inventory 200000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Yes.
Reason for Sale To move back to a quieter lifestyle.
Description The motel began business in 2000 with 4 units and 7 more added in 2002. 5 more 2-bedroom units in 2004 plus owner/managers accommodation.
The 16 units comprise of 5 studio units with queen & super king (twin spliter )beds. These all have a fridge, micro wave, tea/coffee facilities, bathrooms with shower, vanity and toilet.
One large studio with queen bed & single bunks. Kitchen has bench top cooker, underbench fridge, micro-wave. This unit has a shower over the bath.
9 X 2 bedroom units with queen or super king beds in main bedrooms & queen, singles, duo bunks & or singles in second bedroom. These all have full kitchen, oven or stove, fridge / freezer, micro wave, pots ,pans, TVs etc.
One 2 bedroom honeymoon unit with king & queen bed & spa bath & full kitchen. The units are all in as new condition. It is situated 100 metres off the road so is safe and quiet. You can walk to 3 bars & restuarants , 3 movie cinema's ,new shopping complex only 80 metres away.
Matakana is situated in a fast growing area, only 80 km ( 50 miles ) north of Auckland. Matakana is only a few minuites for beautifull Omaha Beach & 18 hole golf course. With about 15 wineries , craft markets, Morris & James pottery, famous Kawau Island via ferry from Sandspit ( home of the late Govenor Gray ) Sheep World etc, it is fast becoming a sort after destination.
The turnover in the motel is growing at a constant rate and making it very attractive. Contact for more information on this Motel business for sale. ( asking price is $2.5m NZ )
Click Here To Contact Seller
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