Business Overview:
This 35 room motel is a great deal. It has had the same owner about 15 years and he wants to retire. Yearly revenue ranges between $110,000 and $130,000. There have been many updates: New locks 2 years ago, new carpet 3 years ago, new AC/heater units 3 years ago, new paint, new mattresses 5 years ago, new computer system 2 years ago, and new lobby floor 2 years ago. Two years ago there was a new roof that cost more than $52,000. There are three part time employees. THIS IS NOT A FLAG HOTEL....BUT IT SHOULD BE ONE. Huge opportunity for the buyer and near Bloomington-Normal Illinois. Contact Jeff Today.
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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.
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