Business Overview:
Sixty Six Unit Franchise Exterior Room Hotel For Sale For $2,800,000. This Exterior Corridor Motel features spacious well kept guest rooms, some with whirlpool baths plus many other amenities including seasonal outdoor swimming pool and well lit tennis court. Recent new branding makes this motel very desirable with 17 years left on the franchise agreement. This is in one of the most desirable areas of West Coast of Florida on the main north/south highway close to the Gulf, rivers, manatee watching, state parks and all the nature coast has to offer. It is only minutes from the downtown area, mall and energy plants and is in a high growth area. Solid concrete block construction with concrete floors make this a desirable acquisition as not all motels are as soundly built. It is the closest motel to Seven Rivers Hospital and the Progress Energy power plant which are good revenue sources. It is the last major business on the edge of the town's north business district (north of the other motels and the mall), which is thought of as a superb location in this beautiful town. Growth will take place on this north side as the Suncoast Parkway is expanded through and Progress Energy has plans to build another nuclear power plant in the area. This can potentially bring in a lot of business in the future. There are 17 years left on the franchise agreement.
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:
Well located on the Nature Coast of Florida which is a well sought after location due to its close proximity to the Gulf of Mexico, numerous rivers and springs, fantastic golfing, fishing, scuba diving, manatee watching and all the amenities of the Florida lifestyle are all close Call for more details.
Market Competition and Expansion:
New Owner can bring in fresh ideas!--however this is a well run and good income producing motel. No concerns regarding competition.
Reason for Selling:
Other business interests.
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 a franchise resale opportunity.