A Prosperous Haven for the Discerning Investor

Ashburton
Reference: CA551
Motel / Motor Lodge
Business Lease $675,000

Thriving resiliently through the challenges of the Covid era, Regency Motel Ashburton stands as a beacon of success in the hospitality industry. Now, with a flourishing influx of international tourists, this business is poised for even greater heights and is currently showing EBIT of $180k p.a.

Distinguished by its year-round robust trading and a diverse customer base, Regency Motel is not beholden to any particular market segment. The property's inherent adaptability lends itself to shared management by partners or an extended family.

As the current owners embark on a well-deserved retirement, they express unwavering confidence in the business's future by offering up to 50% vendor finance to qualified purchasers.

Nestled in the charming town of Ashburton, the motel enjoys a delightful operating environment, surrounded by a myriad of facilities and attractions. Recent enhancements have elevated the guest experience with upgraded features in all units.

With the groundwork laid and figures speaking volumes, the next operator can seamlessly continue the trajectory of revenue, profitability, and overall business value. A recent addition, a studio unit in February 2023, is already contributing to further growth in the current financial year.

The property comprises 16 meticulously presented ground-floor units, each accompanied by ample off-street parking. A heated swimming pool adds to the allure, providing a superior standard of accommodation in a serene setting set back from the road.

The owners' residence, a separate two-story, 3 bedroom, 2 bathroom haven, offers a perfect blend of privacy and comfort. A generously sized, sunny living area opens onto a private courtyard. The property's unique design even allows for inter-generational accommodation possibilities, catering to the diverse needs of an extended family.

We would welcome your enquiry on the Business Lease of this Motel for sale in Ashburton via our website or by phoning JOHN CONNELLY on 0800 263339, DDI 03 550 0520 or 021 880 881.