Turangi Bridge Motel ID: 1527
Do you want to earn a lot of money?
Situated on the banks of the world renowned trout fishing river, this 30 unit motel is a great opportunity for a working couple or an extended family.
Priced to sell, the vendors want to move into another industry and will be leaving behind a very stable, profitable business.
The motel caters for a wide range of clientele, trout fishermen, hikers, truck drivers and FIT travellers who are provided with very comfortable self-contained units and enjoy the luxury of being able to dine in the 78 seat restaurant or relax in the bar after an action packed day.
Turangi provides access to the Tongariro National Park with a large selection of adventure activities including river rafting, mountain biking, snow skiing, trout fishing and the world famous Tongariro crossing.
There is 28 years remaining on the lease with a further right of renewal.
Annual revenue currently in excess of $1m has seen excellent growth in recent years.
The property has been well maintained. The entire exterior has been re-painted within the last year and all the motel units have seen improvements under a rolling upgrade program.
30 units in multiple configurations.
- 15 x Studio Units
- 6 x 2 room interconnecting family units (or 12 studios)
- 1 x 2 bedroom family unit
- 1 x double unit with spa bath
- 1 x double unit with kitchenette
- 78 seat restaurant plus outdoor seating for 20 and an integrated bar area.
- Two large stone fireplaces
- Fully equipped commercial kitchen with large walk in chiller
- On site commercial laundry equipment
- Coin operated guest laundry
- Drying Rooms
- Spa pool room
- Sauna room
- Children s play area.
- Separate conference room for up to 40 people
- Projector and screen
- White boards
- Separate bathrooms
This is a substantial business that is currently being operated by a husband and wife owners and 18 staff under a mixture of casual and permanent part time and full time contracts.
This business would ideally suit an extended family group that could work within the business.
Disclaimer: We do not accept responsibility for mis-statement or error contained on this site. Interested persons should rely on their own enquiry. All prices are plus GST if any unless otherwise stated. If the transaction is recognised as a going concern then the sale should be zero rated.
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