Greymouth, South Island
Very Profitable Greymouth Motel
Business Lease $690,000
Business Description
This is a great opportunity to acquire a very well located and successful 13-unit motel operation.
Most of the units are ground floor which guests prefer.
Showing excellent consistency in revenue and profitability and with a nice long lease.
Well located on Greymouth’s “motel mile”, the complex is handy to a number of popular amenities.
The current owners have spared no expense in refurbishing the entire complex and the results are evident.
A good, versatile mix of units, catering to a cross-section of the market. All of this capped off with a comfortable all ground floor three-bedroom residence.
Inspection will not disappoint.
An Information Memorandum is available to download from our website coffeys.co.nz.
Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum.
We would welcome your enquiry via this website or direct to KELVYN COFFEY.
Business Summary
Key Investment Insights
1. Very profitable 13-unit motel operation, demonstrating strong earnings potential.
2. Most units are ground floor, aligning with guest preferences and operational convenience.
3. Consistent revenue and profitability, indicating stable financial performance.
4. Long lease in place, providing tenancy security and investment stability.
5. Prime location on Greymouth’s “motel mile”, offering high visibility and demand.
6. Handy to a number of popular local amenities, supporting occupancy and guest convenience.
7. Entire complex recently refurbished to a high standard, owners spared no expense.
8. Versatile mix of unit types, catering to a cross-section of the market and diverse clientele.
9. Includes a comfortable all ground floor three bedroom residence, useful for owner occupancy or management.
10. Inspection available, suggesting the property is in show-ready condition.
11. Information Memorandum available for download, enabling deeper due diligence.
12. Some listing details are confidential and require a signed confidentiality agreement, contact available through Kelvyn Coffey.
