Business for Sale Overview:
(PA) Motel, Franchised, 65-units, Ext., near Dillon, SC, I-95-exit.
Asking: $2.6 million, Average Gross: $762,000. City & Interstate business. High Potential Flagged Exterior Corridor Motel on I-95 exit is a great value. Generates both Interstate and City business. Average Annual gross is about $762,000. Property has been completely renovated with a capital expenditure of about $507,425 since 2003 when the current owner acquired the property. No major punch list is expected for the buyer. Total Cash flow in 2008 before Interest, Depreciation and Amortization - to service loan payment was: $311,902.
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.
Reason for Selling:
Owner is moving out of state
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 a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: