Outstanding Motel / Motor Lodge – Make Money Here!
$945,000 Plus GST (if any)
About the business
Fyffe on Riccarton Motor Lodge is located in a favoured niche position in Riccarton, Christchurch, in close proximity to Malls, Canterbury University, and many other facilities. The units are modern and very stylish, particularly well-configured, with luxury extras (over half have spa baths, and all units have heat-pump air conditioning etc), and have been passionately maintained to an independent Qualmark 4-Star Plus standard, providing guests with high quality accommodation. The Manager’s residence provides spacious living areas for this type of business, and has three bedrooms and two bathrooms. Our vendors have built this business into a strongly performing unit, and now offer the fruits of their labours to a fortunate purchaser, as they seek further challenges after almost 8 years of tenure.The business is secured by an excellent lease and has a reasonable rental, providing real peace of mind for a new operator. While Fyffe on Riccarton Motor Lodge has always performed very creditably, the current demand for quality accommodation in Christchurch far exceeds supply, and revenue and profits for the business are currently truly outstanding. It is expected that this situation will prevail, allowing a purchaser of this business to reap returns significantly higher than normal for some considerable time into the future.Our vendors are very motivated, and we are excited to bring this superb opportunity to the market. We urge those with an eye to a genuine opportunity to own a very successful business to make contact with the sole agent today – ph Athol McCully on 027 433 8052.
Key Features
| Include GST N |
Include SAV N |
Predominant M2 0 |
Enquire about this business
Athol McCully
- M 027 433 8052
- D 03 366 3394
- W +64 3 366 3394 (24/7)
- View My Profile
Agents Details
Athol McCully
- M 027 433 8052
- D 03 366 3394
- W +64 3 366 3394 (24/7)
- View My Profile
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