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Business For Sale
COLONIAL FORT MOTEL & COTTAGES
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Asking Price: |
$465,000
USD USA Dollars
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Business for Sale Industry: |
Services: Hotel, Motel, Lodging
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Yearly Cash Flow:
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$46,000 |
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Yearly Gross Income:
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$155,000 |
Business for Sale Overview:
Includes a 2 ½ story main building with a 31-bed hostel and owners quarters, a strip of 8 motel units, and 3 cottages with 2 motel-type units in each one. Located in Gorham, NH, a popular 4-season tourist area. Hikers of the Appalachian Trail and other White Mountain trails, bikers, skiers, and climbers looking for clean affordable lodging use this hikers paradise when in the area. The current owners have been here over 10 years and have made many improvements and upgrades.
Additional Details:
- 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 not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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