Business for Sale Overview:
***Owner Finance $120,000 down*** This 54 room independent motel sits right on the Interstate. All rooms are entered from the interior, not the exterior. There have been tons of upgrades to this 26 year old motel. There are 36 rooms for daily customers and 18 for weekly rentals. In the last two years, the 36 rooms have had new carpet, new Memory Foam mattresses, lights, shades, bed linens, bathroom tiles, toilets, sinks, tubs, paint, and much more. This motel did $240,000 in revenue in 2008. The owner can make about $100,000 for himself. The price is negotiable and the owner is willing to finance. The owner’s relative that is running the motel is not in good health.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.