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Business For Sale

Established Family Owned and Operated Motel

Petoskey , MI, USA

Services: Hotel, Motel, Lodging

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$390,000
$250,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1939
2
280814799

Business for Sale Overview:

The Coach House Inn, LLC, is family owned and operated hotel & motel in Petoskey, MI. List price includes business only (real estate not included but is available at additional cost). The inn features 21 clean, comfortable sleeping rooms with double beds, air-conditioning, cable TV and free local phone calls. Additionally, there is a coffee room, ice machine and microwave available twenty-four hours a day. Upon request, mini-refrigerator, iron and board, hair dryer, copy and fax service, Wi-Fi internet and casino shuttle service are available. Highest room rate $115 (in season). Price includes business and inventory only (real estate not included). This is your chance to become a motel owner today!

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.

Property Features and Assets:

21 Unit Hotel / 21 bath. Owners Quarters - Located off the lobby, one bedroom, full bath, kitchen and living room.

Market Competition and Expansion:

Plenty of opportunity for growth and expansion!

Reason for Selling:

Owner pursuing other interests.

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.

Resources:

 

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