49-Room Motel with Living Quarters (MM KP)

MN

49-Room Motel with Living Quarters (MM KP)

Asking Price:$895,000

Cash Flow:$118,905

Gross Revenue:$302,050

EBITDA:N/A

FF&E:$300,000

Inventory:N/A

Real Estate:$1,161,000

Established:1977

49-Room Motel with Living Quarters (MM KP)

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Business Description

An independently owned 49-room motel that includes spacious 3-bedroom living quarters with living room and kitchen for new owner-operator, located in the heart of a vibrant city in southern Minnesota near 3 beautiful lakes. Highly visible location, easy access to I-35, close to several eating establishments and local attractions. Real estate was appraised at over $1.1 million in 2012. Office building built in the 1990’s and other two buildings were built in the 1970’s. Priced to sell at below real estate value! For more information, please contact Manoj@calhouncompanies.com or kap@calhouncompanies.com

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
16,024
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Negotiable
Reason for Selling:
Other Interests

Listing Statistics for Premium Members

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Andy Kocemba

Business Listed By:
Andrew Kocemba

Calhoun Companies

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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