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Business For Sale
60UNIT FRANCHISE MOTEL I-95 WITH LAND DEVELOPMENT
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Asking Price: |
$1,550,000
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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downsizing |
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# of Employees:
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12 full time/part time |
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Yearly Cash Flow:
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$204,889 estimate |
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Yearly Gross Income:
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$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.
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