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Business For Sale

Franchise Motel including Real Estate and Cottage

Belknap, NH

Services: Hotel, Motel, Lodging

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,600,000
$400,000
Not Disclosed
$108,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2009
5
9364955

Business Overview:

Rodeway Inn Motel, which is part of the Choice Hotel family. 30 rooms plus an adjacent cottage, which can be used as owner's quarters for an owner operator. Almost all rooms have an incredible lake view, which adds to its appeal for guests. Easy to operate with low overhead. Area is a summer tourist destination. Presently run absentee with minimal marketing and promotion. Can be a wonderful lifestyle business.

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:

30 rooms plus adjacent cottage. Renovated 1 year ago to comply with Choice hotel standards. Located just across the street from beautiful Lake Winnesquam with an incredible view from almost all rooms.

Market Competition and Expansion:

There are 3 other franchised hotels in the area. This hotel offers the best views with reasonable pricing. Add a pool to increase the appeal to families. A proactive marketing driven owner operator can easily grow the business.

Reason for Selling:

Seller owns 2 other businesses and lives 2 hr away

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.
  • This is not a distressed business or bankruptcy situation.
 

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