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Business For Sale
MOTEL IN SOUTHERN ILLINOIS
Attn:
Doug Iler
Southern Illinois, IL, USA
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Listing Number: "ABB045-005"
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Listing
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Asking Price: |
$773,450
USD USA Dollars
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Business for Sale Industry: |
Services: Hotel, Motel, Lodging
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Reason for Selling:
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Wants to relocate. |
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Yearly Cash Flow:
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$82,689 |
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Yearly Gross Income:
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$285,093 |
Business for Sale Overview:
A 29 room motel in Southern Illinois. This motel is next to two very busy highways with over 15,000 vehicles passing by. Competition is light with only one other motel within a 5 mile radius. The 29 rooms have recently been renovated. The motel features a fitness center, indoor pool and guest laundry facilities. There is on site living quarters. The present owner desires to relocate and is putting this motel on the market.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner is not willing to work for 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.
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