Profitable 28-Unit Motel On Cape

Dennis Port, MA (Barnstable County)

Profitable 28-Unit Motel On Cape
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Asking Price: N/A

Cash Flow: $400,000

Gross Revenue: $500,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

Profitable 28-Unit Motel On Cape

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Business Description

Quaint old-fashioned accommodations on 2.2-acre area. Real estate included.
Has sold out almost every night during summer season.
Each unit is built with knotty pine wood, adding to the overall charm.
Units contain regrigerators, TVs, air conditioning, and heating.
Outdoor swimming pool on premises.
Rooms available with 3 different-sized beds.
Free parking available on premises.
Owner has run motel for last 23 years.
$79 or $89 per night during weekdays.
$100 per night during weekends.
ONE OF THE BEST DEALS ON THE CAPE.
Math amounts to 143.5K per unit.
Tax return showed $500 K in net revenue per year.
Business is seasonal and consists of a 4-month period. now open year round
Located in Dennisport, Cape Cod, Massachusetts.
Principals only.
No co-brokering.
Bank financing possible.

Detailed Information

Location:
Dennis Port, MA
Real Estate:
Owned
Included in asking price
Building SF:
N/A
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(from currently available funds)
 
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Alan Katz

Business Listed By:
Alan M. Katz

United States Investments

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