A fantastic opportunity to acquire a well-established leasehold motel business in Invercargill.
Asking Price: $990,000
EBITDA: $295,000
Approx. 3.4x EBITDA multiple
Operating under a 27-year lease, Admiral Court Motel offers a strong trading history, approximately 80% occupancy, and a fully managed operation making this an attractive opportunity for an investor, owner-operator, or accommodation group.
The motel features 17 rooms/units plus adjoining self-contained houses, offering a diverse accommodation mix suited to corporate travellers, families, sports groups, work crews, and longer-stay guests.
Key Highlights
• Established leasehold motel business (no freehold included)
• 27-year lease providing long-term security
• 17 units/rooms plus additional self-contained accommodation
• Approx. 80% occupancy
• Fully managed operation
• Strong mix of corporate, family, group and extended-stay guests.
Accommodation Mix
• Studios
• One & two-bedroom units
• Larger family/group accommodation
• Self-contained houses for longer stays.
Located on Tay Street, Invercargill, close to the CBD, transport links, and key local demand drivers.
A proven accommodation business with solid earnings, strong lease tenure, and an established operating model.
Enquiries welcome contact Mat Nicolson- 021 55 0134 or Ian Harrington - 027 477 4266
For further information regarding this sale, please complete a confidentiality agreement. Due to commercial sensitivity, no information will be passed on until you have spoken with our broker.
Price $990,000
For further information regarding this sale, please complete our online confidentiality agreement.
Copy and paste this link into your browser:www.ds4u.cc/abc?ref=36648
