Business For Sale

32 Room Motel - Central Illinois

Not Disclosed, IL
Peoria County

Central Illinois


Asking Price: Annual Revenue:
$670,000 Not Disclosed

Services: Hotel, Motel, Lodging


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RE: 32 Room Motel - Central Illinois Broker: Jeff Highfill

Quick Facts

Asking Price: $670,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 32333887
Broker Reference #: ABB005-836

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Business Overview:

This 32 room motel is located in Central Illinois and has had the same owner for about 20 years. The owner just wants to retire. This motel has had many updates. The roof was $57,000 and is about 7 years old. The water softener about two years old and was $11,000. New gutters and soffit. New fire alarm system that was about $15,000. Newer plumbing that is about 7 years old. All the heating and cooling units are about 7 years old. About 20 rooms have new carpet. Hot water heater about 4 years old and it was $7,000. Another two tankless hot water heaters were $7,000. This place sits on a huge lot and on a very busy road. It is located in a very safe area. Plenty of parking. There is a two bedroom living quarters with a kitchen. Contact Jeff Highfill seven days a week or email us.

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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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