Sell a Business!
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Arkansas Business For Sale |
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| MOTEL, 68 UNITS |
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| Attn: Lewis Floyd |
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| Not Disclosed, AR, USA |
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| Asking Price: |
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$2,950,000 USD USA Dollars |
| Business for Sale Industry: |
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Services: Hotel, Motel, Lodging |
| Reason for Selling: |
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New interest. |
| Year Established: |
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1991 |
| # of Employees: |
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27 |
| Yearly Revenues: |
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$1,063,265 |
| Yearly Cash Flow: |
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$265,600 |
| Monthly Payroll: |
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$12,200 |
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Business for Sale Overview:
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This is an excellent motel in rapidly growing NW Arkansas. Has 68 units plus spacious living quarters. The owner will consider wrap financing to a qualified buyer. Remodeled in 2005 with new carpet, window treatment, air conditioning units, bedspreads, lamps, shower curtains, mirrors, sound boards. Flag property with all requirements met and current. The average daily rate is $75. Appraised 5 years ago for $3.2 million. Additional information provided to qualified buyers who complete confidentiality agreement and buyer questionnaire.
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Property Features and Assets:
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Property has nice appeal, located on 6 acres, hotel occupies 3 acres leaving room to expand. Motel has an in-house laundry. Nice pool, nature and walking area. Motel has exterior corridors. Close to restaurants, shopping, and area activities. |
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Market Competition and Expansion:
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This is an extremely attractive motel in a competative market. |
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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