Interstate Front Motel with Room for Expansion

Saint Louis, MO
St. Louis County

Asking Price: Annual Revenue:
$399,000 $82,235

Services: Hotel, Motel, Lodging

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RE: Interstate Front Motel with Room for Expansion Broker: Steve Denny

Quick Facts

Asking Price: $399,000
Annual Revenue: $82,235
Net Profit: Not Disclosed
Cash Flow: $44,438
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1957
Employees: 2
BBN Listing #: 733553789
Broker Reference #: LST 1165

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Business Overview:

Established motel including real estate for less than $17,000 / door. Interstate front between 2 large metro markets. 23 rooms with single, double and triple bed occupancy. Currently it houses a live onsite Manager who handles housekeeping. There is approximately 3 acres behind the motel which could be put to use for RV parking, storage, additional rooms, etc. Total property included in sale is 3.75 acres and large storage barn.

Caters to interstate travelers and current experience is ~50% pay with credit card, ~50% pay in cash. Rooms rent for $45 - 70 per night.

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Property Features and Assets:

Interstate Front between 2 major metro markets, 14,500 square feet.

Reason for Selling:

Owner pursuing other interests.

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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