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Business For Sale

Five Room Motel Apartment With Property

Suffolk County, NY, USA

Services: Hotel, Motel, Lodging

Business For Sale
Photo not provided
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$500,000
$48,000
Not Disclosed
$29,500
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1989
0
8724447
Owner Financing is Available
Seller to hold $250,000 note for 30 years 6%.

Business for Sale Overview:

FIVE Unit Motel with Property on Main Road set on 90 x 200 lot (adjoining 1 acre lot also for sale separately for additional units or private home). Absentee owned. In business for over 20 years, never a vacancy. Guaranteed income. Real estate taxes only $9,000. Long term rentals...weekly, monthly, yearly. Could be transitioned into standard motel model. Investment property. Property is available through PMTG Realty. Contact broker 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.

Reason for Selling:

owner is retiring

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.

Resources:

 

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