Services - Hotels & Other Lodging | Retail - Bars/Taverns

$Seller Financing Available

Asking Price	$475,000	Inventory
Gross Income	$231,000	Real Estate
Cash Flow	$75,000	Year Established	N/A
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

Historic motel in Northeast Connecticut. Built in 1850, this 12 guestroom 2 story building has been owned and operated by the present owner for over 30 years. Motel and Bar is in full operation, but owner has closed the restaurant side due to his declining health. Room s rental income is over 70k annually. Sale includes business and real estate. Owner will also sell as a complete package including two adjacent rental properties; (1) single family home, (1) two family homes and (1) 1/4 acre lot as package for $800k. Total rental income is approx $100k annually (motel and 2 houses). This can be transformed into something very special. New owner can lease out bar/restaurant for additional monthly income if desired. Contact Steven Pappas or visit www.CenturyBizSales.com

Seller Financing Available: Yes

Financing: Seller will provide financing to qualified buyers