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Business For Sale

Eastern Virginia Motel, With Real Estate Included

Eastern Virginia, VA, USA

Services: Hotel, Motel, Lodging

Asking Price:
Year Established:
Employees:
Listing Number:
$2,600,000
1972
7 Full Time, 23 Part Time
28503047
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$514,000
Not Disclosed
Not Disclosed
Not Disclosed

Business for Sale Overview:

130 room Eastern Virginia Hotel located on 2.88 acres, Included in Sale Price. Prime Location. Remodeled in 1985. Parking for 150. Swimming Pool & Many Other Amenities. Great opportunity for someone willing to work. Owner is passed retirement age & wants to sell. Sale price includes the real estate valued at $2,454,600.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Property Features and Assets:

48,000 square feet building; included in sale price.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is 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.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Eastern Virginia Motel, With Real Estate Included
Business Listed By:
Charles Broadwater, Jr.
Sunbelt Business Brokers - Hampton Road
contact the seller
Due Diligence Checklist and Guide
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