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Description

Here is a fantastic opportunity to purchase a 17 units well-established and meticulously maintained motel business, featuring 12 modern studio units and 5 spacious two-bedroom units. Located in a prime, high-demand area of Christchurch, this property is perfect for those seeking a profitable and easy-to-manage business. Operating successfully for over 10 years, the motel enjoys a steady flow of guests, thanks to its excellent location close to key amenities on Riccarton Road such as Westfield shopping mall, supermarkets, dining options, and entertainment venues. The property is also conveniently situated near business districts and popular event venues, attracting a good mixture of leisure and business travelers. The motel includes a comfortable 2-bedroom Manager's residence, offering ample space for the operator to live and work in comfort. Ample parking with 2 EV Charger onsite ensuring a hassle-free stay for all guests. Secured by a long-term lease running through to 2042, this opportunity offers over 16 years of stability, allowing for long-term business growth. This well-maintained and profitable business is turnkey and offers the perfect balance of income and lifestyle. Whether you’re an experienced motel operator or looking to enter the industry, this opportunity is too good to miss! Whole building's exterior has been repainted to a high standard recently, a nice bonus to the next operator to enjoy! Landlord willing to negotiate extended terms with the new owner. Make this thriving motel business yours today! Enquire now for more details.

Business for Sale: Negotiable Over $850,000 + GST (if any) + SAV

Details

Location:
Christchurch City, Canterbury
District:
Christchurch City
Region:
Canterbury
Price:
$850,000 or near offer

A opportunity too good to miss! Profitable Motel Business for sale

Listed: Thu 5th Mar, 4:40pm
5 days, 18 hours, 17 minutes

8 others watchlisted

$850,000 or near offer

Pick up available, Christchurch City, Canterbury
W
whittakeis 98.6% positive feedback Seller located in Christchurch City, Canterbury
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About the seller

whittakeis

98.6% positive feedback
Location
Christchurch City
Member since
Thursday, 13 December 2007
View seller's other listings

A opportunity too good to miss! Profitable Motel Business for sale

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