Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Akaroa - Absolute Waterfront Motel For Sale!

LISTING DETAILS
Firms For Sale ID:
30939
Vendor reference:
10380
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$1,100,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Absolute Waterfront, Superb Performance, Stunning Motel!

Sited in a unique waterfront location on Akaroa Harbour, with its own harbour-edge boat-ramp, this larger 24-unit motel in two main buildings is positioned on spacious grounds with a delightful stream where whitebait can be caught in Spring!

The vendors have recently undertaken major refurbishment to a very high standard which we believe is a real credit to them, and have set the motel up for many years of low-maintenance trading ahead. In this quiet but stunningly spectacular location, the complex has an excellent mix of 1, 2 and 3 bedroom units. The vendors took professional advice when commencing the complete refurbishment of units, and have established modern colour schemes and furnishings for the complex, allowing for tariff increases which a new purchaser can take advantage of, adding to the already-strong bottom-line profit.

The 4-bedroom / 2-bathroom on-site manager's residence provides excellent comfortable private accommodation for a Manager and family, in a much more spacious configuration than most motel residences we see.

In addition, the business is secured with an excellent lease in place, and reasonable rental in relation to revenue.

Akaroa is a popular destination town on Banks Peninsula, sited just over 1 hour's drive from Christchurch and attracting large numbers of domestic and international tourists, keen to experience the French influence established by the early settlers. For international tourists Akaroa rates alongside Queenstown as a preferred South Island destination, and this motel is superbly located to take advantage of this trade.

Boating, fishing, water / land scenic trips and sheer relaxation opportunities all attract people to Akaroa to stay and soak up the atmosphere. Imagine living there and earning a substantial income!

This is truly a rare opportunity, offered at a very attractive reduced price of $1.1m, and early enquiry is strongly recommended - phone or email today!