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This Motel is situated at the junction of State Highway 1 and 3. A 25 minutes short drive to Palmerston North, 15 minutes to Fielding and 25 minutes to Foxton beach. This Motel is well known and very popular in the local area. Customers are repeatable truck drivers and business people from big companies.
This Motel offers ten self-contained guest units and a 3-bedroom master room. The current owner refit the garage into a small canteen with a council registered restaurant licence, which allows truck drivers to enjoy their meals in this 'man-cave' style space after a long drive. This motel not only provides customers with good accommodation and service, but also a continental breakfast, packed lunches, and homemade hot meals.
The 2022 financial report shows a sales income of $303,656, yearly rent of $56,180 + GST and a net profit of $195,988.
This well presented Motel business would suit a working couple. There is potential to increase sales with more emphasis on marketing and adding more items to the menu.
Contact Wella Wang - 021 885 158 today.
Price $599,000
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***Some of the details for this business may be subject to strict confidentiality requirements which can only be disclosed upon completion of a confidentiality agreement with the listing agent. These details may include the location, the nature of the business operations, sales performance figures, or other privileged information. Please contact the broker for further details and to arrange an appointment.
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