Services - Hotels & Other Lodging

Asking Price	$525,000	Inventory	$10,000*
Gross Income	$150,000	Real Estate	$450,000*
Cash Flow	$80,000	Year Established	2004
FF&E	$50,000*	Employees	4

* included in the asking price

** not included in the asking price

A 30 unit motel located on Hwy 42 near downtown Algoma close to Lake Michigan; the Ahnapee River borders the property and has eight boat slips for overnight guests; business has shown historical income growth with proprietor also operating a charter fishing business also available for purchase; a Charter Fishing business operates out of the Algoma harbor and includes a 30 ft Baha Cruiser with all the necessary equipment for lake fishing; family run operation is a wonderful opportunity for someone interested in a resort property with all the amenities

Facilities: 30 unit hotel

Competition: Very Good

Support/Training: Available from owner

Reason Selling: Relocation