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Business For Sale
MOTEL
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Asking Price: |
$3,500,000
USD USA Dollars
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Business for Sale Industry: |
Services: Hotel, Motel, Lodging
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Year Established:
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2000 |
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# of Employees:
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11 |
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Yearly Revenues:
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$110,000 |
Business for Sale Overview:
Franchise Motel located in Charlotte, NC; Hwy I-85 exit location; Three floors motel; third floor interior corridor; first two floors exterior corridor; 20 years old property; Land 2.45 Acre; 78 rooms new carpet; 68 rooms new bath tiles; all bathtubs & sinks re-finished; All furniture re-polished; All new 27" TV; New Serta mattress & box springs with warranty; All up to date rooms per franchise standards; Exterior swimming; Meeting hall & breakfast area; Total revenue in 2007 $1.1M; ADR $43.01; Occupancy 57.20%. Asking price $3.5M.
Additional Details:
- The property is owned.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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