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Business For Sale
10 ROOM MOTEL -- DEKALB, ILLINOIS
Attn:
Jeff Highfill
North Central Illinois, IL, USA
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Listing Number: "ABB005-116"
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Asking Price: |
$395,000
USD USA Dollars
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Business for Sale Industry: |
Services: Hotel, Motel, Lodging
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Business for Sale Overview:
This 10 room motel does over $80,000 a year in sales. Daily rates are about $40 and weekly rates average about $235. The expenses are very low. The power bill averages only about $650 a month for the 10 rooms and the living quarters. This motel sits on two acres of valuable land. The two bedroom living quarters are very nice and has a new kitchen and new carpet. All rooms have new insulation, new drywall, new paint, new bathrooms, new furniture, and much more. There are also new air conditioners and a new roof. The outside is brick in the front and block in the back. The owners have had this for 18 years and are ready to sell. The motel is currently sold out. Full every night.
Additional Details:
- The property is owned.
- The owner may be 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 not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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