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Sullivan County, IN Businesses For Sale

2 Sullivan County, IN Businesses For Sale Found.

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Franchised Gem
$700,000
Franchised Gem

Farmersburg, IN

Illiana Properties is very proud to bring to market this successful Dairy Queen in Southern Indiana. This property has had the same Owner since 1985 and they are finally ready to be done. The new Buyer will probably have to do some sort of upgrade/renovation to comply with current Dairy Queen standards. The consistent Sales and long term employees add to the desirability of this Operation. The location is good. The history is great. And the opportunity is there for someone who is willing to haggle through the modernization requirements with ADQ. This Property is on a busy four lane divided highway in a major commercial area.

Rough But Promising...
$549,000
Rough But Promising...

Haddon, IN

Illiana Properties is very excited about this new listing. This is truly a rare opportunity to purchase an operating motel at a substantial discount. This motel was built as a Super 8 in 1991 and performed very well for 7 or 8 years. Due to absentee ownership, terrible management and a death; this motel has fallen into disrepair. Of 36 rooms, 5 or 6 are currently out of service for minor issues; but the overall “bones” of the property are very good. They are currently selling over 20 rooms a night and the property needs some TLC. There is a small manager’s apartment behind the Lobby that is in average condition, and a large Laundromat on the east end of the 1st floor which is in disrepair and would probably be better suited as a banquet room. This area has three or four operating Coal mines and has a large amount farms that require seasonal workers; vegetable, pumpkins, watermelons, etc. The Truck-stop that is 100 yards to the north does extremely well and there is also a liquor store and a new Dollar General within a quarter mile of this property. This motel sits on the edge of a small town, but is in the city limits and the 4 lane highway that runs in front of this property has almost 10,000 VPD. Once you pay for the purchase and complete the necessary renovation; you can still be under $20,000 per room…. Do not delay.