Motel Business for sale in Timaru
Property Type: Motels
Sale Type: Business only
Region: Canterbury
Price: Motel Business $495,000 + GST (if any)
Broker: Deb Chakraborty
Mobile: +64 2102760319Email: deb@tourismproperties.com
A wonderful motel in Timaru is for sale. The motel is fully renovated with new flooring, bathrooms and linen. in addition, it comes with comfortable and fully renovated 2 bedroom owner’s home (with office) plus garage.
Key Features
- Just 5 minutes walk to shopping, department stores, beach, restaurants, bars and activities
- Located within 2-hours from the Christchurch City
- A fantastic high profile location with the main highway.
- With Timaru being a commercial hub, the motel accommodates many contractors and their clients
- As a region Timaru is the host for many events and the motel is full-house on most event nights
- Plenty of parking for trucks
- A strong repeat business base of corporate and leisure clients
- A good set of long stay bookings
- The business is perfect for a couple or a young family
- There is more than 24 years left in the lease
- Opportunities to further improve the revenue and profitability
- Fantastic forward bookings
Further details are available on request.
Here is a unique opportunity and it is priced to sell. Be quick to be a part of this entry-level and lucrative tourism business.
For more information or to arrange your private viewing, please contact specialist Accommodation Business Broker, Deb Chakraborty, on 02102760319 or email deb@tourismproperties.com
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69746 | Confidential-2022 | Profit and Loss
69746 | Confidential- 2023 | Profit and Loss
Property Details
Property Type
MotelsSale Type
Business onlyRegion
CanterburyPrice
Motel Business $495,000 + GST (if any)Contact Agents
Deb Chakraborty
Tourism, Hospitality and Leisure Business BrokerCanterbury
International: +64 2102760319
NZ Mobile: 021 02760319
Email: deb@tourismproperties.com