Services - Hotels & Other Lodging

$Seller Financing Available

Asking Price	$349,900	Inventory
Gross Income	Not Disclosed	Real Estate
Cash Flow	Not Disclosed	Year Established	1960
FF&E	N/A	Employees	2

* included in the asking price

** not included in the asking price

This is a ver.y well maintained property and easy to run

Facilities: Well maintained motel in demand area not far from Chautauqua Lake. 11 motel units at present plus luxury suite with full kitchen, tanning salon which could be additional suite, a 1 bedroom cottage, a 1 bedroom apartment and a 2-3 bedroom owners apartment. 7.9 acre lot on two separate parcels. Good numbers and strong summer and winter business.

Competition: Great location with few other motels in the area. Lake tourism is a big draw in the summer, and hunting and snowmobile season in the fall/winter. Located just a couple of miles from the Cahautuaqua Institute.

Growth/Expansion: This has the potential of 16 units.

Seller Financing Available: Yes

Support/Training: Seller is staying local and will provide all training to buyer

Reason Selling: retirement