Business Broker.Net | Connecting Business Buyers and Sellers

Did you know that BusinessBroker.net provides a large Franchise & Business Opportunity Directory that allows our users to search through hundreds of full color web brochures and to request free additional information via email? Visit our Franchise Directory today or take a look at our Featured Franchise & Business Opportunities. Buy a franchise today!

Business For Sale

60UNIT FRANCHISE MOTEL I-95 WITH LAND DEVELOPMENT

Attn: Olga Kennedy
Raleigh Area, NC, USA
Listing #: 799324648
Print this Listing
Contact Business Seller

Asking Price: $1,550,000 USD USA Dollars
Business for Sale Industry: Services: Hotel, Motel, Lodging  
Reason for Selling: downsizing
# of Employees: 12 full time/part time
Yearly Cash Flow: $204,889 estimate
Yearly Gross Income: $452,000 estimate
 

Business for Sale Overview:

This 60 unit franchised motel is located directly off I-95, is halfway between New York and Florida. I-95 has a traffic count between 40,000-50,000 vehicles per day. The area is beginning to explode and this investment opportunity includes almost 8 acres directly off Exit 95. 2 acres directly in front of motel are available for future development into a convenience store or restaurant. Or the seller will sell without the two acres at a reduced price of $1,550,000


Property Features and Assets:

60 units, outside corridor, outside pool, playground.


Market Competition and Expansion:

Exceptional opportunity for development of extra property in a rapidly growing area.


Additional Details:

  • The property is owned.
  • The owner is 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 a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

« Back to Top » Contact this Seller

To contact the seller of this specific business for sale please complete and submit the following form.

First Name:*   
Last Name:*   
Email Address:*  
Phone Number:*   
Address:  
City:*   
State/Province:*   
Country:*   
Zip/Postal Code:*   


Please provide any additional details:

* Indicates required field.

Yes! I would like to receive the BizOpp Journal, the official newsletter of BusinessBroker.net! BizOpp Journal Newsletter

Yes, I agree with BusinessBroker.net's Business Buyer User Agreement.