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- RE: Independent Motel With Property In Holbrook, AZ!
- Contact: Kavita Purohit
Quick Facts
Asking Price: | $599,000 | |
Annual Revenue: | $100,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $70,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 992861 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Yearly sales are over $100,000!
Independent brand! No need to pay franchise royalties!Â
Operating partner lives onsite and does not have any payroll! Buyer can purchase an income-generating commercial property for the price of a house!Â
Net profit is over $70,000 per year AFTER paying all other expenses!
Business has only rented to long-term tenants for several years. New Buyer could easily convert back to a motel with daily rates!
Average Rate (AR): $50
Rentable Rooms: 35
Store Information:
Building is 11,360 SF!
Huge opportunity to brand the property with a franchise and receive an upfront incentive to renovate the rooms! Â
Geographic & Demographic Details:
Average traffic count of 4,805 vehicles passing by the Motel each day! Huge opportunity to offer long-term rates and capture additional customers!
Median Household Income is $49K! Population is increasing by 2.5%
Nearby restaurants like Romo's Restaurant, A&W Restaurant, Little Caesars Pizza, Mr Maestas, Wayside Soda Shop, El Rancho Restaurant & Motel, and Bienvenidos Restaurant.
Higher education institutions in the area include Northland Pioneer College serving over 2,700 students and faculties.
Close proximity to Greenwood Apartments, Coronado II Apartments, Holbrook Court Apartments, and VSUSA.
3 hours from Phoenix, AZ and Albuquerque, NM! 1h 30 min from Flagstaff, AZ!Â
Asking Price for the Property: $599,000.
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Arizona businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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