Paihia, North Island

New Lease - Bay of Islands - Proven Performer

Business Lease $985,000

Business Description

This well-established 29-unit motel in the Bay of Islands is now outperforming pre-Covid performance and profitability levels.

With good year-round occupancies and great guest reviews, this business comes to the market with an offer of a new 30-year lease.

Buyers who are interested in establishing a foothold in this tourism hub in the Bay of Islands now have the opportunity of purchasing this sizeable motel business. The numbers stack up.

New owners will enjoy a solid foundation of clientele comprising domestic and international travellers, tour groups and FIT travellers alongside corporate business.

A solid motel business opportunity in a great location.

Some details of this listing are confidential and can only be disclosed upon completion of a confidentiality agreement, included in the Information Memorandum available on our website.

We would welcome your enquiry on this New Motel Lease for sale in the Bay of Islands via our website or direct to CHRIS WONG: ---------- or ---------- , ---------- .

Business Summary

Marketing Agent

Chris Wong

Coffeys

Key Investment Insights

AI generated. Confirm details with the seller.

1. Established 29 unit motel reportedly outperforming pre Covid performance and profitability levels.
2. Good year round occupancies and strong guest reviews support the motel’s operating performance.
3. New owners can secure a 30 year lease, providing long term tenure for the business.
4. Established clientele includes domestic and international travellers, tour groups, FIT travellers and corporate business.
5. The Bay of Islands location offers a foothold in an established tourism hub.
6. The sizeable motel operation provides an established platform for continued ownership and management.
7. Confidential information is available through the Information Memorandum following completion of a confidentiality agreement.