Motel for Sale Bay of Islands

Description

Business type: motel accommodation business

Location: Bay of Islands, New Zealand

Current status: established operating business

Motel units: 29

Financial profile

Current performance: stated as above pre-Covid levels

Current profitability: stated as above pre-Covid levels

Returns: stated as reliable

Customers and market

• Domestic travellers
• International travellers
• Tour groups
• FIT travellers
• Corporate guests

Occupancy: stated as strong year-round

Guest reviews: stated as positive

Customer base: established

Primary market: Bay of Islands tourism accommodation

Lease

New lease term: 30 years

Long-term operating security: supported by new lease

Location

Location quality: stated as prime

Potential buyers

• Owner-operators
• Existing motel operators
• Accommodation investors
• Hospitality buyers
• Buyers seeking a sizeable Bay of Islands motel business

Further information

Non-disclosure agreement: required

Confidential information: available after execution of the confidentiality agreement

Information Memorandum: available through the listing website