Business For Sale

Quaint 25 Room Motel Active Tourist Location

Not Disclosed, MN
Fillmore County


Asking Price: Annual Revenue:
$850,000 $143,906

Services: Hotel, Motel, Lodging


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RE: Quaint 25 Room Motel Active Tourist Location Broker: Scott Hislop

Quick Facts

Asking Price: $850,000
Annual Revenue: $143,906
Net Profit: Not Disclosed
Cash Flow: $87,272
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2005
Employees: Not Disclosed
BBN Listing #: 495350297
Broker Reference #: 17441-650923

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Business Overview:

Great owner-operator opportunity to own a 25 room, well maintained motel in southern Minnesota. Conveniently located on main highway and is within a 5 minute walk of bike trails, numerous restaurants, and is in the heart of the Amish community, and other tourist attractions. Comes complete with an on-site three bedroom living quarters.

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Property Features and Assets:

The nearest competition is 10 miles away in the next town. This business boasts of a large, shaded deck with views of Amish buggies which gives customers a homier feel compared to other options. Its proximity to several tourist attractions such a bike trails, caves, and the Amish community, draw most of its clientele, with no advertising.

Market Competition and Expansion:

Additional advertising in travel media would be expected to increase sales. Promotion for local wedding parties and potential cross marketing with a new local brewery could potentially increase traffic. The commercial kitchen and restaurant space would be available for an additional revenue stream if desired.

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • 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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