Special Motel Opportunity

Do you want to:
*Get out of the big city life?
*Maybe move off the family farm?
*Invest in your own future?
*Have control over your own destiny?
*Have your assets tied up in your own business?
*Reap the benefits of a new 35-year lease?

Do you wish to have:
*A lifestyle where you can work together?
*Live in the best small city in NZ? (Stuff Study)
*Life in a small city with all its amenities?
*Live in the ideal area to help raise the family?
*A profit that enables you to draw a salary of $250,000.00 p.a., pay a $250,000.00 lease and still have $250,000.00 for running costs?
*The ability to manage small team of staff (4)
*A career which would enable you to work from home?, And still provide for the family, and hubby could still work remotely?

This motel located in Timaru has just come out the other side of Covid with its best trading year and the results speak for themselves. It’s an ASURE Accommodation Group member and is a 4.5 star rated and consistently ranked among the top properties on Trip Advisor in Timaru, with a strong loyal corporate and domestic traveller client base. 18 units with an excellent mixture of studios, one & two bedroom units, including a separate 3-bedroom house. The owners' home is a wonderful spacious 4-bedroom 2-bathroom house comes fully furnished with attached reception is presented to a high standard and comes fully furnished. This means the leases have no ordinary outgoings the Power, Rates, Insurance, Phones, Newspapers Rent are all paid out of the running costs of the business. The buildings and chattels have been maintained to very high standard, there appears to be little to spend here in the short term. The business is supported by a wonderful website and great systems in place for new owners to hit the ground running.

Agency reference #: CIC58762