47 Room Motor Lodge-Banquet Center-Bar-Restaurant

Bad Axe, MI (Huron County)

47 Room Motor Lodge-Banquet Center-Bar-Restaurant

Asking Price:$2,400,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

47 Room Motor Lodge-Banquet Center-Bar-Restaurant

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Business Description

Shows Sales-Motel $490,000, Banquet Center $846,000, Bar $140,000, Miscellaneous $32,000-Total Gross $1,518,000

This business has been family owned for 50 years

Detailed Information

Facilities:
This facility is located in Bad Axe, Huron County, Michigan in the heart of the Thumb, 1 1/2 mile North of Detroit, 47 Rooms, Banquet Parties Room accommodates up to 425. Daily buffet seats 150, Bar & Restaurant seats 120 plus Game Room. The building was rebuilt after Fire in 2001, all new 33,200 sq. ft. which sits on 5 Acres, is up to date and complies with all codes. SEV-$775,600, Zoned-201 Commercial with an additional 11 acres for future development
Reason for Selling:
Wife is very ill and husband is unable to operate the business alone

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Michael C. Kelly

Business Listed By:
Michael Kelly

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