Profitable Independent Motel

Brown County, TX

Profitable Independent Motel
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Asking Price: $2,450,000

Cash Flow: $290,000

Gross Revenue: $810,000

EBITDA: N/A

FF&E: $50,000

Inventory: $30,000

Real Estate: $2,000,000

Established: 1965

Profitable Independent Motel

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Business Description

Price Under Market !!

The motel is located in the busy section in the city which surrounded by Restaurants , Gas stations etc ... Walmart , Walgreens and Home Depot within walking distance . Owner has been operating this hotel for 12 years now and has expanded the business ventures to oversea and many more . The hotel needs new owner to put their hands on and ride the revenues to the max . A lot of potential for the big profit with just some upgrades and some good skills of management . An onsite Restaurant and Lounge produce about $7,600 a month in lease and there is approximately 3,500 square feet space for lease .

Detailed Information

Location:
Brown County, TX
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Included (Home Based)
Competition:
The top Independent hotel in town with 125 rooms and very large pool .
Growth & Expansion:
Around $810,000 /a year has a lot of room for $1.3 Mil / a year Gross .
Financing:
Buyers get their own financing .
Support & Training:
2 Weeks
Reason for Selling:
Divorce , Sickness
Home-Based:
This business is Home-Based
Business Website:
http://budgetinnbrownwood.com
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Business Listed By:
Thomas Ung

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