Imagine what it could be, waking up in the peaceful Oxford village in the morning, no commute, being your own boss, and your business hours conveniently starting at 9am.
Living on site saves you a lot of money, as many costs (rent, rates, house insurance, internet, maintenance) are paid by the business.
Currently the business is 50% managed (a local manager is available every alternating week). You could take advantage of this arrangement or you could increase your working days of management and subsequently increase your income.
Occupancy is continuously growing since established 2016 and remained profitable during pandemic. 20% increase in occupancy compared to pre-covid and still space and potential for further growing in a thriving location.
Key Features:
- Very profitable with an impressive Net Profit
- 12 modern, low maintenance units (studios, spa apartments, family apartments)
- Available for immediate possession, giving you the opportunity to fully benefit from the busy summer season
- Just under 1h from Christchurch and the airport (and the only motel in a 30km radius)
- Generous owner residence (2 storey, 3 bedrooms - all with ensuite), 2 heat pumps plus wood fire, butler's pantry, oversized internal double garage, heaps of storage, mountain views
- Long term loyal local staff
- Pleasant mix of local and corporate guests and domestic and international travellers (over 50% returning / direct bookings), significant recognition and one of the best rated motels in its segment
- Supportive landlord, 20+ years left on the lease
- Supermarket, cafes and Oxford Area School are all in walking distance
This is an ideal business for a working owner, a couple or for a family to run while being part of the amazing Oxford community.
Contact Sally today - 021 988 138.
Price $510,000
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