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Business For Sale
31 UNIT MOTEL - TURN KEY OPPORTUNITY
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Asking Price: |
$649,000
USD USA Dollars
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Business for Sale Industry: |
Services: Hotel, Motel, Lodging
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Business for Sale Overview:
Long established motel. High traffic location on Highway 71 across from Willmar Lake and next to the new Kandiyohi government center. This property is in exceptional condition and the rooms are of consistent quality and value. Parking lot, roof, A/C and heating units, 220 outside outlets all new in 2004. Refurnished everything in 2005. This is a turn key opportunity!
Property Features and Assets:
Units: 20 Regular units - 4 singles, 13 doubles and 3 jacuzzi suites. Also 9 kitchenettes, 1 single handicapped accessible room and guest laundry area.
Living Quarters: 2 Bedroom Manager’s apartment with living, dining & kitchen. Directly across from Willmar Lake. Near public golf courses, Robbins Island beach, Willmar High School, Willmar Civic Center, fine dining as well as hike/bike trails.
Market Competition and Expansion:
Kitchenettes are 100% occupied – only ones in town. Adjacent bar/restaurant also available.
Additional Details:
- The property is owned.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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