Listing #:4795173778
Christchurch Motel Business Opportunity

Location: | Christchurch City, Canterbury |
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We proudly offer a very good motel business operated in a quality modern motel complex of 18 units situated in a prime Riccarton Road location, just a couple of minutes' stroll from the Westfield Riccarton Shopping Mall with all of its retail outlets, food offerings, etc.
This motel has always performed well, and the 2023 financials show strong post-Covid revenue and excellent cash profit. This is a well-performing business which a Purchaser can expect to continue strongly.
A good website, and a comfortable and convenient 3-bedroom Manager's apartment complement the accommodation offering.
Our Vendors purchased this business over 9 years ago, and having enjoyed a successful stewardship are now seeking new horizons. This attractive business will appeal to many aspiring moteliers, and we advise early enquiry to avoid disappointment.
Agency reference #: CIC62399
This motel has always performed well, and the 2023 financials show strong post-Covid revenue and excellent cash profit. This is a well-performing business which a Purchaser can expect to continue strongly.
A good website, and a comfortable and convenient 3-bedroom Manager's apartment complement the accommodation offering.
Our Vendors purchased this business over 9 years ago, and having enjoyed a successful stewardship are now seeking new horizons. This attractive business will appeal to many aspiring moteliers, and we advise early enquiry to avoid disappointment.
Agency reference #: CIC62399
Business buyer’s checklist
Asking price: $875,000
Listed: Thu 4 Jul, 2:47 pm
Athol McCully
NAI Commercial Grenadier City
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Contact details
- (03) 3719126
- (027) 4338052
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Expires: Tue 13 May, 3:45 pm