Enticing Motel

ND

Seller Financing Available
Enticing Motel

Asking Price:$500,000

Cash Flow:$108,236

Gross Revenue:$156,373

EBITDA:N/A

FF&E:$53,000

Inventory:$1,000

Real Estate:N/A

Established:2010

Enticing Motel

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Business Description

Attractive motel that has a loyal following with long term customers. 24 rooms that are very clean and in great condition. Great location and ready for growth!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Motel was built in 1960 and has been under same ownership since 2010. Facility is very clean and in good repair and a new roof has recently been installed.
Competition:
The location of this motel is what makes this business very attractive. Not far from the interstate and very affordable room rates gives this property a competitive advantage.
Growth & Expansion:
The owner has not been putting in very many hours and with new ownership and more marketing focus sales would vastly improve.
Financing:
250000.00
Support & Training:
4 weeks
Reason for Selling:
retiring

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Tim Herrmann

Business Listed By:
Tim Herrmann

Transworld Business Advisors of Bismarck

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Sponsoring Broker:
Fred Koenig

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