Howard Johnson(67 Units Motel in Cape Cod) Excellent Income!

West Yarmouth, MA (Barnstable County)

Howard Johnson(67 Units Motel in Cape Cod) Excellent Income!

Asking Price:$2,295,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:1962

Howard Johnson(67 Units Motel in Cape Cod) Excellent Income!

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Business Description

Extremely rare opportunity to purchase this well established and maintained 67 units motel along with additional 2 units: 1 for manager and 1 for inn keeper with plenty of parking spaces. Motel is centrally located in the heart of West Yarmouth and opened from April to October. Excellent income, income data will be furnished upon buyers proof of funds and post signing of confidential agreement. Owners are planning to retire after 15 years of success. Do not miss this excellent chance!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
26,493
Employees:
6
Facilities:
67 units motels - 2 stories set on 1.75 acres lot with view of water tide in the rear of property. All equipment in placed, ready to open next season. Largest outdoor pool in West Yarmouth, only motel with view of water tide in the rear section of property, heated indoor pool along with hot tub and sauna room.
Competition:
There are other motels in the area, but only a few is franchise, and this is one of franchise motel. This is the only motel with view of water. There is a kitchen and 20-30 seats that new owner could open for full breakfast and lunch to increase even higher revenue.
Growth & Expansion:
Build balcony/deck in back of the motel for each room to increase price in rental.
Financing:
NONE
Support & Training:
30 Days.
Reason for Selling:
Retirement.
Franchise:
This business is an established franchise

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Tommy Tran

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Tommy Tran

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