Quaint 25 Room Motel Active Tourist Location

Fillmore County, MN

Quaint 25 Room Motel Active Tourist Location
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Asking Price: $850,000

Cash Flow: $87,272

Gross Revenue: $143,906

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2005

Quaint 25 Room Motel Active Tourist Location

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Business Description

Great owner-operator opportunity to own a 25 room, well maintained motel in southern Minnesota. Conveniently located on main highway and is within a 5 minute walk of bike trails, numerous restaurants, and is in the heart of the Amish community, and other tourist attractions. Comes complete with an on-site three bedroom living quarters.

Detailed Information

Competition:
The nearest competition is 10 miles away in the next town. This business boasts of a large, shaded deck with views of Amish buggies which gives customers a homier feel compared to other options. Its proximity to several tourist attractions such a bike trails, caves, and the Amish community, draw most of its clientele, with no advertising.
Growth & Expansion:
Additional advertising in travel media would be expected to increase sales. Promotion for local wedding parties and potential cross marketing with a new local brewery could potentially increase traffic. The commercial kitchen and restaurant space would be available for an additional revenue stream if desired.
Support & Training:
2 weeks
Reason for Selling:
retiring
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Scott Hislop

Business Listed By:
Scott Hislop

Transworld Business Advisors of Minnesota

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