Historic Motel Business For Sale in Louisiana

LA

Seller Financing Available
Historic Motel Business For Sale in Louisiana

Asking Price:$650,000

Cash Flow:$48,000

Gross Revenue:$108,000

EBITDA:N/A

FF&E:$60,000

Inventory:$1,000

Real Estate:N/A

Established:1950

Historic Motel Business For Sale in Louisiana

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Business Description

This historic motel business for sale is Located in central Louisiana has been fully remodeled and is in good condition. Motel has been in operation for over many decades! Motel has a 2 bedroom living quarters for the owners to live in and operate the business from. Business has 22 rooms and is located on the main drag of the city. City is home to a major university and serving as a commerce center for the surrounding area. City is a great place to live and raise a family. There is plenty of affordable housing many y with large or acreage lots. Crime is very low and the air is very clean. Outdoor recreational opportunities like hunting, fishing, hiking, bicycling, camping abound. It is just a short drive down the interstate to a major metropolitan city with all the amenities. Motel has several long term tenants that stay and pay monthly. Business is currently run absentee but could be even more profitable with an owner operator.
Owner has decided to sell to pursue other business interests. Seller will help train new owner on this easy to own and operate business. Owner will consider some seller financing for a qualified buyer with a reasonable down payment. Contact us today for more information on this historic motel business for sale, meet the owner, see the newly renovated building and be impressed, make offer!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
2Pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Available
Reason for Selling:
Other Business Interests

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Bob McFarland

Business Listed By:
Bob McFarland

Sunbelt Business Brokers of Baton Rouge

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Sponsoring Broker:
Robert Bourgeois

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