Owner Financing is Available!
Business Overview:
This 24 room motel on one acre of land is just 75 minutes south of Bolingbrook, IL. With $100,000 in sales, this place is a great deal. There is a two bedroom living quarters with a kitchen and bath. There is a room near the office that could be a third bedroom. That room is large and could also be a manager's living quarters because it has a full bath. It is located on a busy state route. The real estate taxes are only $4200 a year and the other expenses are not bad. The rates average about $34.00 a day, $145-190 a week, and $550 to $750 a month. Right now only five rooms are doubles. The owner will finance for $80,000 cash down. There is some work to be done, but most are just minor items such as painting. This owner has owned since year 2000. The owner's family has relocated to Florida and he wants to move there too.
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.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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