LH Motel Close to City Centre. Excellent Income. | ABC Business

LH Motel Close to City Centre. Excellent Income.

$400,000 - Canterbury

Industry: Accommodation / Motel

#31910

The Avalon Motel is an easily managed 10 unit motel and is conveniently located for getting around Christchurch, being approximately 2km from the city centre.

Currently all of the units are contracted to MSD (Ministry of Social Development) (ex WINZ) for people waiting for a house. This has had the beneficial effect of more than doubling the profit compared with when fully operated in the 2017 financial year as accommodation for visitors to the area. The contract has been extended for another term of 6 months to end of October. The contract can be ended at any time with 1 month's notice, if a new owner does not want to proceed with this arrangement.

The manager's accommodation is on 2 levels with 3-4 bedrooms and a comfortable open plan living area.

Being an older complex, this has spacious units all with full kitchens which has made it very popular with guests. If run as a motel again, it offers guests a good choice of budget accommodation options with units comfortably sleeping from 1 to 5 people.

As the owner is ready for a change after operating this motel business for over 8 years, this is a very genuine sale.

The size of the motel makes it ideal either for a couple or for one person to operate with part-time help.

Avalon Motel offers you the chance to make that lifestyle change and work for yourself in a manner that suits you best.

Contact Sally - 021 988 138 for further information.

Price $400,000

For a confidential discussion please complete our online confidentiality agreement.
Click or copy/paste this link to get started: www.ds4u.cc/abc?ref=31910

To obtain more information click here to complete a confidentiality agreement

Location: Canterbury

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Our brokers

Sally Everitt

021 988 138

Sally Everitt

021 988 138

Contact Sally

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