Business Overview:
This franchise motel is located just next to a college town. It sits on two acres of land right off the Interstate. There was a new roof in 1997, new heaters and A/C in 2004, and new curtains, carpet, and furniture in the last four years. All the rooms are very nice. 50 rooms you can enter from the inside and 25 from the outside. There is a 26 x 15 heated pool and a game area that is in a 96 x 60 dome area. There is a meeting room. There is a restaurant/lounge that can be leased out, but is vacant right now. There is no living quarters but plenty of space to put one. There are 6 employees that are scheduled about 165 hours a week. Revenue for 2008 was $476,000. Revenue for 2009 was $396,000. Revenue for 2010 was $403,000. This is a nice property in a great location. If you want a place with a huge opportunity...this is the place.
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.
Reason for Selling:
Please ask broker.
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.