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Business For Sale

Clearwater Motel/Car Lot

Clearwater/Pinellas, FL, USA

Services: Hotel, Motel, Lodging

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,750,000
$264,000
$214,000
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1954
Not Disclosed
91427788

Business for Sale Overview:

This property for sale includes a car lot for used car sales and 12 motel units. The car lot includes a two story building used as an office with over 1,600 Sq. Ft. The property has an acreage of .84 and can easily fit over 120 cars for sales. The property is located very close to Highway 60 and the Clearwater beach. The property has great road frontage and has heavy traffic flow on a daily basis. The main building also has a billboard which also provides income for the property. Behind the car lot lies 12 motel units that are rented out on a weekly, or monthly basis and is always full. The owner pays the utilities for some units while the tenants pay utility for others. The only expenses the owner has to pay are taxes, insurance, and utilities. The owner also has about 60 accounts that are transferable upon the sale that add to about $100k for the used car sales. The land has a gross annual income of $264,000 with minimal expenses. Do not miss this opportunity to invest in an easy, self running business and become a landlord. 4% co broke only for full listing price. Net listing.

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:

Lot size of .84 acres

Reason for Selling:

Other Business Ventures

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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