Bad Axe (Huron County) 47 Room Motel with 425 seat Banquet Center

Bad Axe, MI (Huron County)

Bad Axe (Huron County) 47 Room Motel with 425 seat Banquet Center
Contact Seller

Asking Price: Get Financing: $2,100,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Bad Axe (Huron County) 47 Room Motel with 425 seat Banquet Center

Get Financing Save Print Share Valuation Report

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

Bad Axe is the County seat for Huron County and the area is influenced by Dow Chemical multi million 3 year expansion in Harbor Beach and maintenance on the wind turbins in the area, which requires heavy maintenance crews

Detailed Information

Facilities:
This facility is located in Bad Axe, Huron County, Michigan in the heart of the Thumb, 2 1/2 hours North of Detroit, 47 Rooms, Banquet Party Room accommodates up to 425. Has several future bookings. 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 10 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 passed away after a long illness, husband retiring!
Contact Seller

Contact the Seller

Contact Seller Loading

Michael C. Kelly

Business Listed By:
Michael Kelly

Mike Kelly & Associates, Inc.

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1390082 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


The Dog Stop

Franchise Opportunity In MI
Capital Required: $254,000