Established Business for Sale

Pratt, KS (Pratt County)

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Asking Price: $895,000

Cash Flow: N/A

Gross Revenue: $298,721

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1954

Established Business for Sale

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Business Description

Motel & RV Park

Unique business opportunity in Pratt, Kansas, the Gateway to the High Plains! Built in the early 1950s, when Americans were turning from the rails to the roads, The Evergreen Inn has stayed true to its roots: offering travelers the comfort, convenience, and value of a roadside inn. It has a distinctive architectural style, vintage tile bathrooms, and scenic, peaceful grounds. Retaining the best from the past while keeping pace with the future, this business is well established and well maintained.
There are 16 rooms plus a genuine Burlington Northern train caboose converted into a rental, and 25 pull-thru RV sites with electric, water, and sewer hook-ups.
The Evergreen is Pratt's only roadside inn and is located right off the main highway. Guests can park in front of their rooms, which many find appealing, and all rooms are on the ground floor. The Evergreen Inn is unique in its location, style, very clean rooms, competitive rates, and cozy atmosphere. The Evergreen Inn recently received Booking.com's 2018 award for excellent customer reviews....8.9 out of 10. Many guests comment on our good reviews while checking in.
Other amenities include an outdoor swimming pool, large storage/maintenance building, and underground storm shelter for all guests.
The owner's apartment is connected to the office and includes a living room, kitchen with a fireplace, bath, two bedrooms, and a large storage room/small bedroom. There is a private entrance in the back along with a patio area. It is a great business for a family that wants to live on grounds and work together.

Detailed Information

Real Estate:
Owned
Building SF:
7,010
Employees:
3
Facilities:
The Evergreen sits on 9 1/2 acres. The main building has the office and lobby area, owner's apartment, ice machine and guest laundry, and 10 motel rooms. The east building has 6 guest rooms. The caboose sits on rails just south of the east building. All rooms are very clean and include flat screen TVs, refrigerators, and microwaves. There is a 15' X 30' outdoor pool, protected by a security fence, located behind the main building. Restroom and shower facilities, located in a 30' X 30' metal maintenance building, are available for RV and pool guests. (Home Based)
Competition:
There are several other motels and hotels in Pratt; however, The Evergreen is well established and enjoys many repeat customers, along with numerous travelers seeking a non-franchise motel. There are a few other RV parks, but none with the conveniences offered such as WiFi, swimming pool, shower facilities.
Growth & Expansion:
Pratt, Kansas is a prime location for deer and bird hunters. Expansion opportunities include adding cabins, expanding the RV Park, or developing a recreation facility with picnic area to rent out for family reunions, birthday parties, or other events.
Support & Training:
While this is a turn-key business, sellers would be willing to help train during a transition period, if needed.
Reason for Selling:
Owners are entering retirement years and would like to travel.
Home-Based:
This business is Home-Based
Business Website:
http://evergreenbiz.com
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Business Listed By:
Larry & Lynn Kahmeyer

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