Services - Hotels & Other Lodging

Asking Price	$625,000	Inventory
Gross Income	$96,943	Real Estate
Cash Flow	$46,882	Year Established	1969
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

Great Hotel Opportunity with Real Estate - Seller Offering Generous Financing: Own a well established and successful motel in a picturesque town nestled in the bluffs along the Mississippi River. Visitors to this area of the state experience a diversity of multi-seasonal activities including hunting, fishing, boating, golf, snowmobiling, horseback riding, shopping and sightseeing. This year-round motel is a fully operational, updated and very well maintained business which also includes an Innkeepers Quarters complete with 2-bedrooms, full bath, living room, full kitchen, 2-car garage and large garden shed. In addition, there is a separate finished office/retail space that could be rented out of used for a side-line business. This is an ideal property for an owner to operate and also as a great investment. Highlights include: Year Round Bookings, Great Location, Tourist Attractions in Area, Near College Town, Attached Living Quarters, 13-Guest Rooms Updated & Fully Furnished, Side Business/Rental Opportunity, Recreational Activities in Area. Occupancy Rate is at approximately 55.26% with an ADR of $44.36. Qualified prospective acquirers or their representatives who have an interest in participating in the acquisition are asked to contact Steve T. May-Business Broker at 262.901.0086 for further information. Please be prepared to display the financial wherewithal to progress.

Financing: Seller Will Provide Exceptional Financing Contingent Upon Buyer.

Support/Training: Seller Willing To Offer Training / Transitional Period.

Reason Selling: Retirement.