20-Unit Motel in Mtn./Lakeside Resort Town #22

CA

20-Unit Motel in Mtn./Lakeside Resort Town #22

Asking Price:$1,499,950

Cash Flow:$161,045

Gross Revenue:$298,894

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

20-Unit Motel in Mtn./Lakeside Resort Town #22

Get Financing Save Print Share Valuation Report

Business Description

FULLY ASSUMABLE LOAN! This popular lodging destination was established in 1950 and purchased by the current owners in 2003. In 2007, the existing motel was demolished and a brand new 20-unit lodge was constructed. The NEW motel opened for business in 2008. The owners have created a beautiful getaway with a modern lodge theme and a warm, woodsy atmosphere. This motel is the nicest and newest in the area - a popular relaxation destination with many activities including water sports, hiking and fishing in the summer and snow-related activities in the winter. There is room for an additional 12 rooms to be added and other expansion opportunities. Total assets include a three year old 20-unit motel with manager's apartment, extra-large laundry room, office and 50+ year business history; plus all furnishings, fixtures, equipment and inventory currently used in running this growing business.

Listing Statistics for Premium Members

Ad#:1233944 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Harold Anderson

Business Listed By:
Harold Anderson

Affiliated Business Consultants, Inc.

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings