35 Room Franchised Motel w/Living Qtrs & Garage

Not Disclosed, MN


Asking Price: Annual Revenue:
$450,000 $180,000

Services: Hotel, Motel, Lodging


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RE: 35 Room Franchised Motel w/Living Qtrs & Garage Broker: Don Orke

Quick Facts

Asking Price: $450,000
Annual Revenue: $180,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1986
Employees: Not Disclosed
BBN Listing #: 492728483
Broker Reference #: 11407 DO

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Business Overview:

A 35-room, franchised motel with increasing revenue and reduced price. Located in Central Minnesota. Includes manager living quarters plus 25' X 25' garage. Condition of property is "very good" with up-to-date furnishings. Exterior renovations done in 2016. Owner retiring after 23 years in business. For more information, please contact Don Orke.

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Reason for Selling:

Retiring

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.

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