Business for Sale Overview:
Nearly new 197 unit motel built specifically for the Sturgis Motorcycle Rally with unique design offering protected motorcycle parking,4 separate 2-part buildings, guest laundry, 'beer barn', 13.73 acres of land and 27 RV parking spots with services. Only 7 miles to Sturgis and 15 minutes from Deadwood, the historic gambling town. Just 20 minutes from Terry Peak and Deer Mountain ski areas and the best groomed snowmobile trails in North America.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
This motel was built in 2003 as a limited service 197 room, 27 RV site venue for the Sturgis Motorcycle Rally. There is 52,998 square feet in 4 2-part buildings plus a manager's quarters, guest laundry area and front desk/lobby area. The parking around the motel units is paved. There is also a 'beer barn' on the property, used as a congregating location for bikers offering beer and music. All rooms have TV's, hair dryers, and stand-up showers. There are 2 handicap rooms with walk-in showers and 2 tub-shower units.
Market Competition and Expansion:
This property, originally intended to be open only during the Rally, has year round potential. Already many reservations for the 2010 Rally(70th Anniversary) have been taken. Due to it's proximity to the beautiful Black Hills, Deadwood, Mt. Rushmore, Crazy Horse, ski areas and snowmobile trails, plus spring and fall turkey and deer hunting seasons, a year round opportunity exists with proper marketing and management. Property is offered 'turn key' with current manager willing to stay on. Price recently reduced to under $15,000 per furnished unit!! Plus you have 27 RV sites and over 13 acres of land.
Reason for Selling:
Bank Owned
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.
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.