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Business For Sale

Motel - Hour From Chicago - Owner Finance

East Central Illinois, IL, USA

Services: Hotel, Motel, Lodging

Owner Financing is Available
Needs $150,000 Down.
Asking Price:
Year Established:
Employees:
Listing Number:
$499,000
Not Disclosed
0
21883887
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed

Business for Sale Overview:

Owner will finance with $150,000 cash down. This motel has 22 rooms total and sits on 2 acres of land. Six of the rooms were built new in 1999. There is plenty of space to build more if you want to. Most of the motel is brick except the newer six rooms. Both of the buildings have parking by the door. There is semi parking in the back. The heating and A/C units are all in great shape. The yearly revenue for 2007 was $173,000. The yearly revenue for 2008 was $164,000. This is a very high profit motel since the expenses are so low. It is located off the Interstate. The owner has had for about 20 years and is ready to retire. No room is priced under $45.00 a night. You better call today because this will sell fast.

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

Additional Details:

  • The property is owned.
  • The owner is not 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

Motel - Hour From Chicago - Owner Finance
Business Listed By:
Jeff Highfill
American Business Brokers
contact the seller
Good Business at a Great Price
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