Motel and Cottages with Onsite Owner/Manager Home

Not Disclosed, NH

Lakes Region

Asking Price: Annual Revenue:
$975,000 $259,771

Services: Hotel, Motel, Lodging

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RE: Motel and Cottages with Onsite Owner/Manager Home Broker: Ed Settino

Quick Facts

Asking Price: $975,000
Annual Revenue: $259,771
Net Profit: Not Disclosed
Cash Flow: $186,630
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: $825,000
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 100381
Broker Reference #: 220005

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Business Overview:

This is an excellent opportunity to purchase an established and profitable year-round motel and cottage business in the Lakes Region of New Hampshire. The property features meticulously kept units and a home on the property that can be used as an owner/manager’s home or as a home for an on-site manager. The business is ideal for a husband and wife team, partnership, current motel operator or investor. This property is located in a four-season tourist area and benefits with year-round cash flow.

The business and property, including $35,000 worth of furniture, fixtures and equipment, good will, non-compete agreement, reporting software, training during the transition to a new owner are available for an offering price of $975,000. The price to be allocated at $825,000 for the value of the real estate and $150,000 toward the value of the business.

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Property Features and Assets:

Facility includes motel rooms, cabins, pool and owner/ manager home.

Reason for Selling:

To focus on 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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