Business For Sale

Utah Independent Motel, Restaurant and Vacant Land

Not Disclosed, UT
Garfield County

South Central Utah


Asking Price: Annual Revenue:
$1,475,000 $1,055,308

Miscellaneous: Non-classifiable


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RE: Utah Independent Motel, Restaurant and Vacant Land Broker: Peggy Marsh

Quick Facts

Asking Price: $1,475,000
Annual Revenue: $1,055,308
Net Profit: Not Disclosed
Cash Flow: $150,943
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Unknown
Employees: 7
BBN Listing #: 377426599
Broker Reference #: NAZ18718

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Business Overview:

This mixed-use property consists of a 22 unit motel, full service restaurant, adjacent living quarters and office and one acre of undeveloped vacant land which has utilities to site. This 1-story exterior corridor motel features 22 rooms in two separate buildings, each with its’ own guest coin laundry and vending. There is an on-site residence (3 bedroom/1 bath connected to an office). The adjacent seasonal restaurant is a casual American dining restaurant serving breakfast, lunch and dinner. The restaurant with bar and lounge features modern décor and indoor/outdoor patio seating. Both the motel and restaurant operations are set up with full staffing and mgmt. that allow prospective buyers the ability to enjoy either a hands-off ownership experience or an owner operator set-up. The motel is an established business with a proven growth record since 2009. The motel and restaurant together generate in excess of $1,000,000 annually. Strategically located along the famous premier scenic byway (Hwy 12). This motel is a hub for national monuments, state parks, recreation areas and excellent hospitality. (Listed in cooperation with Hotel Broker One, License #5505210-PB00, Bruce Holmes, UT)

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Property Features and Assets:

Hotel: $10,600 Square Feet on .95 acres Restaurant: 3,500 Square Feet on .19 acres Vacant Land: 1.26 acres.

Reason for Selling:

Retirement

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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