Asking Price:

$850,000

Gross Income:

$135,245

Cash Flow:

$107,660

FF&E:

$15,000.00 *

Inventory:

N/A

Real Estate:

$500,000.00 *

Year Established:

1949

Employees:

0

Business Types:

Hotels & Other Lodging Places
Miscellaneous Services

* included in the asking price

Business Description

REDUCED BY $100,000 ! ! LIVE WHERE YOU WORK AND REDUCE YOUR EXPENSES!! Motel has 17 rooms totaling 4309 SF with a Single Family Home/Office totaling 1240 SF. Owner has approved plans for an additional 8 rooms totaling 2292 SF. Property is .67 acres located on busy 4 lane road, Ideal location for future re development

Detailed Information

Facilities:

Motel has 17 rooms and and Single Family Home/Office

Growth/Expansion:

Seller has approved plans for 8 additional rooms

Support/Training:

Seller will provide 2 weeks free training

Reason Selling:

Retirement