Services - Hotels & Other Lodging | Retail - Restaurants

$Seller Financing Available

Asking Price	$1,400,000	Inventory
Gross Income	$979,300	Real Estate
Cash Flow	$200,000	Year Established	1960
FF&E	N/A	Employees	9

* included in the asking price

** not included in the asking price

Florida Motel With 48 Rooms & Restaurant For Sale For $1.4M!. Extremely well established & well known since 1960, This great family business is the only motel in town! Owner is even prepared to finance a qualified buyer through a wraparound mortgage & with a reasonable cash down payment. This motel is a rare find & is in a small town in Central Florida. This is a 48 room motel plus so much more. They have a great pool & an extremely busy restaurant. The restaurant does 60% of the gross revenue! Their intersection location is also a big asset--they get all the traffic, coming & going along two major highways. There is also an extra lot adjacent to the motel that could also be considered for sale by Owner, if someone wants to expand. It would be a great location to put a fast food service restaurant. Extra feature, is that this motel is close to Gainesville which is known for the University of Florida & the famous Gators football team, Shands Hospital & other prominent medical centers, great shopping & more. Call now for more information.

Facilities: Located near Gainesville in Central Florida. Williston is a great friendly town in Florida's heartland & has abundant natural resources. Here you will find world-famous dive springs of Devil's Den & the Blue Grotto, upland forests, & lots of other beautiful physical features. Williston is part of "The Original Florida" & is the gateway to "The Nature Coast." This region exudes southern charm & hospitality & is in rich history.

Competition: No concerns

Growth/Expansion: There is extra lot adjacent to the motel that could also be considered for sale by Owner, if someone wants to expand. It would be a great location to put a fast food service restaurant.

Seller Financing Available: Yes

Financing: Owner is even prepared to finance a qualified buyer through wraparound mortgage

Support/Training: Owner offers training & support as needed.

Reason Selling: Owner says it is time to retire