Twelve Room Motel in NE South Dakota For Sale

SD

Twelve Room Motel in NE South Dakota For Sale

Asking Price:$289,000

Cash Flow:$51,686

Gross Revenue:$138,452

EBITDA:N/A

FF&E:$19,000

Inventory:N/A

Real Estate:$270,000

Established:2001

Twelve Room Motel in NE South Dakota For Sale

Get Financing Save Print Share Valuation Report

Business Description

This Motel is located in the heart of hunting and fishing in NE South Dakota. It has a proven track record of profitability. The facility has been well maintain and is ready for years of continued operations. It is a twelve room motel with ample parking for boat trailers and trucks. All rooms are air conditioned and furnished with refrigerators, microwaves, TV's and high speed internet access. Gas grills and a covered picnic area are provided. There is onsite lodging for either a management team or for an owner operator.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
2 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
12 room motel on a two acre site. 7 double rooms and 5 single rooms. A fish cleaning facility is provided to the guests. The guests also enjoy a picnic shelter, outdoor grills, tables and chairs. The motel also sub-rents a nearby lake cabin for additional revenues.
Competition:
Modest competition in the area.
Growth & Expansion:
The two acre motel site has room to add up to fifteen camper pads, which could add substantial revenues. The motel has rented out 200 more rooms this year than last year and it expects this trend to continue.
Support & Training:
Will train for 4 weeks @ no cost. A great husband and wife management team is in place. They are willing to stay on with new owners. This is a great opportunity for an owner operator buyer. Sales and lodging licenses are in place.
Reason for Selling:
Seller is of retirement age and would like to move on to other interests.

Listing Statistics for Premium Members

Ad#:1226514 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Murphy Business

Business Listed By:
Murphy Business

Murphy Business & Financial Corporation

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Indicates membership in The Georgia Association of Business Brokers (GABB).

Find out more...

Get more details about this business.


Similar Listings