Sorry, this listing is no longer available – However, please see similar business for sale listings below that may interest you:

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

Business For Sale

28 Room Motel - Price Reduced - Great Deal!

Northwestern Illinois, IL

Services: Hotel, Motel, Lodging

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$385,000
$185,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1970
0
2803887

Business Overview:

This American owned 28 room motel is located two hours west of Aurora, IL. 2008 sales were $150,003 and 2009 sales were $157,497. 2010 sales were $194,000. These are sales listed on the tax return. This all brick motel is an exterior corridor. 23 of the rooms have been renovated. All the bathrooms are beautiful. There is a four bedroom living quarters that has the office attached. It is a very nice set-up. There is a 2000 sq. ft. basement that is super clean. The motel laundry facilities are down there along with all the storage you need. There is a 900 sq. ft. four car garage attached to the living quarters. Four of the 28 rooms have kitchenettes. 2011 is going to be a great year. There are already 14 weekends that are sold out and another 21 days that are sold out. Motels like this do not come along often. A prison is coming nearby and will bring many more people to the area. Two new railroad projects will bring hundreds to the area. The owner wants to retire. Call today before this place is gone.

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.
  • This is not a distressed business or bankruptcy situation.
 

Please Note: The Illinois Business for Sale listings, including any franchise opportunities, business opportunities, and franchises for sale advertised on this web site are not to be considered an "offering" or purchase recommendation by BusinessBroker.net. The individual content of these Illinois businesses for sale listings are submitted to us by business owners, representing business brokers, or other intermediaries and we rely entirely on the accuracy of the information they provide. BusinessBroker.net recommends seeking the advice of a lawyer, financial consultant or accountant before purchasing a franchise opportunity, business for sale, business opportunity, or franchise for sale. Part of the BusinessBroker.net Network. Please review our full Disclaimer for more details.