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Minnesota Business For Sale |
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| COLONIAL INN NEW ULM |
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| Attn: Mike Cassens |
| Colonial Inn New Ulm |
| New Ulm, MN, USA |
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| Asking Price: |
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$329,000 USD USA Dollars |
| Business for Sale Industry: |
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Services: Hotel, Motel, Lodging |
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Business for Sale Overview:
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This is a very nice 24 unit motel on busy Highway 14. Same area as year round festivals and walking distance to Brown county Fair Grounds. Has 3 bedroom 2 bath living quarters. 8 units with 2 dbl beds, 15 units with single queen bed and 1 unit/2dble, 1twin.
Full basement under the whole motel giving you ample storage space. Part of it is concrete. New roof in 1998, parking lot blacktopped in 2006, air in residence & new boiler system installed in 2004 & 2007, new carpet 2006. Priced Right/Be your Boss!
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Property Features and Assets:
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This is a very nice 24 unit motel on busy Highway 14. Same area as year round festivals and walking distance to Brown county Fair Grounds. Has 3 bedroom 2 bath living quarters. 8 units with 2 dbl beds, 15 units with single queen bed and 1 unit/2dble, 1twin.
Full basement under the whole motel giving you ample storage space. Part of it is concrete. New roof in 1998, parking lot blacktopped in 2006, air in residence & new boiler system installed in 2004 & 2007, new carpet 2006. Priced Right/Be your Boss! |
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- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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