Business For Sale

Top Rated Motel in Michigan’s UP-Includes 2 Homes!

Ironwood, MI
Gogebic County


Asking Price: Annual Revenue:
$499,600 $312,000

Services: Hotel, Motel, Lodging


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RE: Top Rated Motel in Michigan’s UP-Includes 2 Homes! Broker: John Foster

Quick Facts

Asking Price: $499,600
Annual Revenue: $312,000
Net Profit: Not Disclosed
Cash Flow: $151,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 220310986
Broker Reference #: BC2029

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Business Overview:

This is an unbelievable opportunity to own one of the top motels in this beautiful resort community. Indianhead Motel features 25 rooms with various bed configurations. A small owner’s quarters featuring a kitchen, living room and bedroom is also part of the motel.

But wait there's more… This opportunity also has two homes that are included in the price. Both the homes sleep around ten people comfortably. One home is a three-bedroom, 1.75-bath and the other home is a four-bedroom, 1.75-bath. Both homes are in good condition and have been well maintained.

The motel, along with the two homes, sits on approximately 2.67 acres of land and is properly priced so don't let this opportunity slip away.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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