Owner Financing is Available!
Business Overview:
Buy this 47+ Unit Motel, located on major strip in a beach resort town! This motel is snuggly nestled one block away from the ocean & at the heart of the commercial resort district. This is a high traffic location with a supplementary surge of patronage from May through September. Sale price includes the real estate as well as the business. With some minor improvements/renovations and a hands on ownership this motel has the potential to bring in $800K+ during its peak season.THIS IS A ONCE IN A LIFETIME CHANCE TO GET A PIECE OF THE OCEANFRONT!The new owners will benefit from newly reconstructed heating and cooling units in 30+ of the rooms and a massive grandfathered sign in front of the establishment. It is only a hop,skip, and a jump away from the interstate on/off ramps with multiple points of entry making it a cinch for guest to find and enter. Don't wait for this Resort beauty to wash away. With prime location this motel has a sea of untapped potential. Please Contact PJ Mohit (Real Estate Agent) for More Information. pjmohit@sunbeltnetwork.com
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:
Operator resides out-of-state; Divestiture
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.
- This is not a distressed business or bankruptcy situation.