Services - Hotels & Other Lodging

Asking Price	$1,650,000	Inventory
Gross Income	$244,633	Real Estate
Cash Flow	Not Disclosed	Year Established	N/A
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

One of the most picturesque motels located in the very high demand So. Seacoast area of Maine. Truly a turn-key business opportunity. The property is in excellent condition. 2008 's figures are slightly ahead of 2007. The owners are retiring and relocating and have significantly reduced the price for a quick sale. There is bank financing available for this property.

Facilities: TowneLyne Motel, Rte. 1, Ogunquit, ME, 03907. OWNER SAYS SELL - I AM RETIRING! the price has been reduced significantly to sell this immaculate motel located in the highest demand tourist resort area in the State of Maine. Great repeat clientele This property is a true turn-key business opportunity. Excellent rooms and grounds. Price includes real estate, furniture, fixtures & equipment. Call now for a showing - this property won't last long at this price!

Competition: Highest Tourist demand market area in Maine. Approx. 1.5 hrs. drive from Boston Excellent Ogunquit location and beautiful curb appeal. Close to all of the areas amenities. Positive Cash Flow!

Growth/Expansion: Possible - subject to Town approval.

Support/Training: Minimum 2-weeks on site.

Reason Selling: Retiring