Owner Financing is Available!
Business Overview:
Florida 48 Room Motel With Restaurant For Sale For $1,400,000. Extremely well established & well known since 1960. This great family business is the only motel in town! Owner is even prepared to finance a qualified buyer through a wraparound mortgage & with a reasonable cash down payment. This motel is a rare find & is in a small town in Central Florida. This is a 48 room motel plus so much more. They have a great pool & an extremely busy restaurant. The restaurant does 60% of the gross revenue! Their intersection location is a big asset--they get all the traffic, coming & going along two major highways. There is an extra lot adjacent to the motel that could be considered for sale by Owner, if someone wants to expand. It would be a great location to put a fast food service restaurant. Extra feature, is that this motel is close to Gainesville which is known for the University of Florida & the famous Gators football team, Shands Hospital & other prominent medical centers, great shopping & more.
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:
Located near Gainesville in Central Florida. Williston is a friendly town in Florida's heartland & has abundant natural resources. Here you will find the world-famous dive springs of Devil's Den & the Blue Grotto, upland forests, & lots of other beautiful features. Williston is part of "The Original Florida" & is the gateway to "The Nature Coast." This region exudes southern charm & hospitality & is rich in history. The natural attributes here provide a high quality of life for residents & it is home to the University of Florida & Industries that are experiencing significant growth in manufacturing, distribution, & forestry. The cost of conducting business in this region is minimal in comparison to surrounding regions producing the same caliber of talent & skilled labor. These successes are supported by a good infrastructure consisting of Interstate Highways, State & County Roads, railroads, & the Williston Municipal Airport with its surrounding 2,000-acre Industrial Park .
Market Competition and Expansion:
There is extra lot adjacent to the motel that could also be considered for sale by Owner, if someone wants to expand. It would be a great location to put a fast food service restaurant.
Competition / Market:No concerns
Reason for Selling:
Owner would like to retire
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 not a franchise resale opportunity.
Resources: