Whakatane Motel Business – Primed for Further Growth

Motel (Leasehold)

location iconLOCATIONWhakatane

price iconPRICENZ$880,000.00

refcode iconREF CODEHC00347


ABOUT THIS BUSINESS FOR SALE

About this Business for sale in Whakatane

Barringtons Motor Lodge is located on the high profile ‘motel mile’ into Whakatane, with a very visual presence for passing traffic.  Barringtons has been a very consistent performer over the years and enjoys high occupancy rates and has a strong corporate/business/government clientele. There is significant room for additional revenue! 

  • 14 very spacious units & excellent 3-bedroom, 2-storey family home
  • Still huge growth potential
  • Maintained to a very high standard, all the hard work has been done!
  • On busy, high-profile main route into town – the prominent ‘motel mile’
  • A huge 80% of visitors to Whakatane are from the domestic market
  • Whakatane attracts around 100,000 visitors a year, as a ‘mecca’ for boating, fishing, tramping
  • Whakatane has a huge cultural and sporting focus with strong associated demand for accommodation year-round

 

The motel has been recently refurbished to a high standard, which is very evident when driving into the complex.  The expansive grounds are fully paved with very low-maintenance plantings. Whakatane enjoys an extremely high domestic tourism market and punches above its weight for year-round occupancy.

 

This motel ticks all the boxes for a great lifestyle, close to the Ohope Beach – NZs most popular beach – and the sunny lifestyle of the eastern Bay of Plenty – often tops the chart as  the ‘sunshine capital’ of NZ. This family lifestyle business is easily funded by this well-established and well-performing business.

 

Call Ross and Gordon to make an early appointment to view your new home and business!

 

To find out more, go to linkbusiness.co.nz/HC00347 and press the “Enquire Now” button to complete an online confidentiality agreement.

 

For more information please contact:

Ross Candy, 027 223 3696, ross.candy@linkbusiness.co.nz 

Gordon Fridge, 022 156 9330, gordon.fridge@linkbusiness.co.nz

To access information about this listing please complete the online Confidentiality Agreement Form.

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