Services - Hotels & Other Lodging

Asking Price	$495,000	Inventory
Gross Income	$150,000	Real Estate	$295,000*
Cash Flow	$60,000	Year Established	1955
FF&E	$200,000*	Employees	0

* included in the asking price

** not included in the asking price

Independent Motel in North-Central Iowa with 34 Rooms and 3 BR apt. Revenues are about $150K and expenses are about $90K. This is located on a state highway. Approx 300x200 feet lot. 40 parking spaces. ADR is $45 approx.

Facilities: All fixtures and furniture, 40 Parking spaces Approx 60,000 sq.ft. Live-in apartment . Motel is located on a state highway. Microwave ovens and Internet available in each room.

Competition: No major competition in the area

Growth/Expansion: Lots of construction in the area

Financing: No Owner Financing

Support/Training: One week Training

Reason Selling: Other Business