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Business For Sale

Motel - Owner Finance - 24 Rooms

Central Illinois, IL

Services: Hotel, Motel, Lodging

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$280,000
$100,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
0
77963887
Owner Financing is Available!
$100,000 down

Business Overview:

This 24 room motel sits on one acre of land. It is one hour southwest of Bolingbrook, Illinois. This place does about $100,000 in sales a year. It sits on a very busy road. This motel does many weekly and monthly customers. The owner lives out of state and has a manager. There is a two bedroom living quarters with a kitchen and bath. There is another sleeping room right next to the office. Real estate taxes are only $4,600 a year. This is a fixer upper! There are rooms that should be remodeled. However, there is a good flow of customers. Rates start at $34 a day. There are also weekly and monthly rates. This owner has had the place since 2000. The owner will finance for $100,000 down. The owner is motivated. Contact Jeff Highfill seven days a week until 10 pm.

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.

Resources: