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Wrights By The Sea Motel In Paraparauma,business For Sale

Paraparaumu, Wellington
  • $460,000

Turnover:
Available on request
Net profit:
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The Business at Wrights by the Sea is for sale.

After a number of years the business owner at this motel is keen to move on although somewhat sadly as the property which is in a great location near the best beach on the Kapiti Coast is doing well with increasing revenues.

The motel has really nice accommodation units for guests with 9 Studio Units, 1 luxury Studio Unit, 2 one bedroom units and 2 two level one bedroom units - a total of 14 nicely decorated rooms for guests to enjoy.

The property converts one of the rooms to being a spacious conference room when needed and there is a conservatory room that is ready to be converted to possibly having a Sauna with cold blast showers or even go with the idea of a conservatory meeting room.

There is regular corporate business stay at the motel with some companies nominating Wrights by the Sea as the preferred accommodation in the area.

The owners accommodation is a three bedroom apartment with very large rooms, Lounge and a fabulous sized kitchen that caters well for the home and guest breakfasts.

The laundry is a decent size and caters well for all the linen requirements.

There is to be an extension to the lease to 20 years starting June 2012 - an added value addition to the business.
Trip advisor - Wrights by the Sea is ranked #1 of 5 properties in the area.

Brokers Comments

Golf anyone - this property is right opposite the Paraparaumu Beach Golf Club - 18 holes after motel duties may I suggest !!

This is a nice tidy operation with serviceability to the units easy due to the courtyard effect and with the Laundry, Conference room and Reception all adjacent to the owners accommodation making this operation a good facility to operate - All in easy reach.

I like the colour tonings of this property with room furnishings to match. There is no outstanding feature that calls for upgrades at this time and so for the new business owner seemingly a plain sailing by the sea exercise. Being close to the beach front and cafes and shops is an added attraction for guests and operator alike.

I would suggest that I call attention to all couples or for that matter singles to operate this property and even having one and one - One attending to the business while the other continues with a career day time job elsewhere. Makes good sense to me.



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