Independently Owned Motel Four Star Rating #0121

WI

Independently Owned Motel Four Star Rating #0121
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Asking Price: $600,000

Cash Flow: $78,154

Gross Revenue: $250,336

EBITDA: N/A

FF&E: N/A

Inventory: $5,000

Real Estate: $697,507

Established: N/A

Independently Owned Motel Four Star Rating #0121

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Business Description

This is an amazing opportunity that is priced to sell!!! This 4-star rating motel features a total of 23 rooms with exterior corridors, an office/front lobby area, and owners residence all on the same lot. Established since the 1950s this little hideaway has been the perfect destination stop as guest rave about how clean and friendly the services are. The motel features completely remolded rooms with up-to-date amenities, bedding, fixtures, furnishings, etc. (NEW improvements almost EVERY YEAR) Great for a new owner no large investment right away! The living corridors feature 3 bedrooms, 1 bath, kitchen, dining area, and 2 living rooms. Perfect for an outside buyer or additional income for manager-on-duty or extended stay guest. There is a courtyard that has been well maintained for guest to enjoy a nice stay in addition to a popular ice-cream parlor that is situated right on a lot of the motel. The ice-cream parlor is owned by the same owner of the motel and would consider negotiating it in the sale of the motel at a separate price. This large property is located in a highly exposed area of north-central Wisconsin, located in a great family friendly community. Assets are to include approximately $5,000 in average inventory, fixtures, furnishings, with building and property valued at $697,507. Call today to learn more about this "For Sale By Owner" portfolio #0121.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
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Harold Anderson

Business Listed By:
Harold Anderson

Affiliated Business Consultants, Inc.

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