Business For Sale

Motel In Levy County, Florida For Sale

Levy County, FL
Levy County


Asking Price: Annual Revenue:
$650,000 Not Disclosed

Services: Hotel, Motel, Lodging


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RE: Motel In Levy County, Florida For Sale Broker: Sandra Dunn
License #: U812..773
Owner Financing is Available!
Seller financing possible with good down payment.

Quick Facts

Asking Price: $650,000
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: 1957
Employees: Not Disclosed
BBN Listing #: 80547375
Broker Reference #: mb1663

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Business Overview:

Traditional Florida Motel For Sale For $650,000! Cap rate is 8% This is the perfect size Mom and Pop motel that needs someone with energy and vision to bring it into the 21st Century. It is approximately 9,688 square feet on approximately 1.80 acres of land. It was built in 1957. This is a diamond in the rough, traditional style Florida motel, with good frontage on a main highway in a busy tourist area! Currently there is no advertising, no website, no Internet presence, and yes, the rooms and office need to be completely upgraded. But add a little paint and some new furniture, and some tech savvy Internet presence and a new owner will multiply the revenues substantially! Plus there is a closed restaurant that would make a great coffee or snack shop and a pool could be re installed to take advantage of the Florida sunshine. Near State Park and the Suwanee River and only a half an hour from Gainesville and the University Hospital. It is close to shopping, WalMart and the small city. Present owner is motivated to retire, so now is the time to buy! Revenue figures are not available but make your own projections and present a reasonable offer. Factor in the renovations and it can be a great family motel again. Seller financing possible with good down payment. Call for more details

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Property Features and Assets:

Great frontage on a main highway in Levy County, Florida. It is approximately 9,688 square feet on approximately 1.80 acres of land. Near the State Park and the Suwanee River and only 30 minutes to Gainesville and the University Hospital there. It is close to shopping, a WalMart and a small city. Call for more information.

Market Competition and Expansion:

Once fixed up--this will be competition for anyone! Renovations are needed to this motel. Once complete --should produce a good revenue stream with the right marketing and introduction to the Internet! Needs a website!!!

Reason for Selling:

Owner is motivated to retire

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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