| Asking Price |
$3,200,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$2,000,000 | Real Estate |
$2,000,000* |
| Cash Flow |
Not Disclosed | Year Established | 1970 |
| FF&E |
N/A | Employees | 50 |
* included in the asking price
** not included in the asking price
This Motel is conveniently located in Indianapolis. Well established with excellent reputation. Seller is requesting confidentiality, must sign NDA. For confidenitality will give general info within a range 150 to 250 rooms, Last 12 months gross revenue in $2MM to $3MM range. Located on a large parcel of land with unlimited potential. Full service restaurant with 3 way liquor licenses. Caters to large meetings and banqusts. Priced to sell. Excellent opportunity.
Facilities: Excellent Condition, Includes restaurant, banquet and ballroom facilities, interior hallways
Financing: Possible Short Sale.
Reason Selling: Out of state owners with other businesses.

Norman Siegel
317-255-2620
Allan Michael Group, Inc.
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