Services - Hotels & Other Lodging

Asking Price	$325,000	Inventory
Gross Income	$145,000	Real Estate	$175,000*
Cash Flow	$60,000	Year Established	1960
FF&E	$150,000*	Employees	0

* included in the asking price

** not included in the asking price

Independent Motel in South Dakota with 21 Rooms and 2 BR and 3 BR attached houses. Listed for less than 3X gross. Revenues are about $145K and expenses are about $40K. Laundry room, Breakfast room, Handyman room,and storage have separate rooms. This is located 1/2 mile from a golf course and 3/4 mile from the city swimming pool at a major intersection of the town.

Facilities: This Motel has 21 rooms and two attached houses, 2 BRs and 3 BRs. It is located on a state highway in town at a major intersection.

Competition: Only one another motel in town; However, 80% of the town business is with this motel. No competition in the price range.

Growth/Expansion: Well established motel in town. No competition in the price range.

Financing: No Owner Financing

Support/Training: The owner will train for 2 weeks.

Reason Selling: Moving to the Home state