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Business For Sale

16 Room Motel - Established - 85% Occupied

Northern Indiana, Miami County, IN

Services: Hotel, Motel, Lodging

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$395,000
$120,000
Not Disclosed
$84,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1960
0
85305329
Owner Financing is Available!
Negotiable.

Business Overview:

Are looking to get into the motel business or looking to expand? Here is a 16 room, modern and up-to-date motel, located within the city limits, in Northern Indiana the ONLY hotel in the city limits! Busy commercial location with lots of traffic and fine exposure. Located in restaurant row! Live-in apartment for the owner/manager. On-site laundry. Newer roof and updated rooms. Fully furnished with income you can count on from day one. Recently purchased in an estate sale, but owner is looking to move back home. This is your chance to "steal" this fine motel property. NOTE: Business Brokers of America represents the seller, in the act of selling his/her business. Please contact the seller individually if you are interested in purchasing his/her associated real estate. Business Brokers of America does not sell real estate nor do we represent ourselves as real estate agents.

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.

Property Features and Assets:

16 rooms .79 acre within city limits. Commercial neighborhood. Sitting on 5 city lots. Sale price of real estate will be handled by the seller.

Market Competition and Expansion:

We are the only motel/hotel within city limits.

Reason for Selling:

Owner is looking to move back home.

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.
 

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