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Business For Sale

Super 8 Doing $500'000/year Owner Financing Availa

Cofidential, NA, USA

Services: Hotel, Motel, Lodging

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,400,000
$500,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1992
3
471623715

Business for Sale Overview:

Primary Industry: Entertainment and Leisure > Hotels and Motels Business Summary The motel is part of a highly successful chain of motels in the mid-West and Western region of the U.S. ADR is $56 and walk in rate is $79. Owner just got a contract for 28 rooms from march 27/09 to march 27/10 at rate of $46.20 + Tax. So they are expecting $364704.51 addition in gross sale this year. This property 48 units 2 story, last month 200k improvement has done in all rooms, lobby, restaurant and pool extremely attractive to visitors, and has a warm and friendly atmosphere in the spacious lobby that includes gathering areas and a large fireplace.Suites available for guests, another popular option especially for leisure travelers. BizQuest ID: 938494 Seller ID: 011909 Financials Asking Price: $1,400,000 Gross Revenue: $500,000 Cash Flow: $100,000 Cash Flow Comments: take home Inventory: $25,000 (Included in Asking Price) FF&E: $500,000 (Included in Asking Price) Real Estate: $1,200,000 (Included in Asking Price) Seller Financing: Yes About the Business Year Established: 1988 Employees: 2 full time - 4 part time Facilities: Well maintained Market Outlook and Competition: Average About the Sale Reason For Selling: Relocating Attached Files

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Relocating

Additional Details:

  • The property is leased.
  • The owner may be willing to train/assist 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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