Motel - Newly Renovated - 23 Rooms - In Ridgecrest

Ridgecrest, CA
Kern County


Asking Price: Annual Revenue:
$900,000 $140,000

Services: Hotel, Motel, Lodging


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RE: Motel - Newly Renovated - 23 Rooms - In Ridgecrest Broker: Agent on Duty
License #: 01995716

Quick Facts

Asking Price: $900,000
Annual Revenue: $140,000
Net Profit: Not Disclosed
Cash Flow: $74,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: $600,000
Year Established: 1949
Employees: 2
BBN Listing #: 122155232
Broker Reference #: 5019 HP

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Business Overview:

Listing # - 5019 HP

Newly renovated 23 rooms independent property on Chana Lake Blvd. close to China Lake Navel Air Weapons Station, Death Valley Tourist Center, Kerr McGee Community Center, Desert Empire Fairgrounds & China Lake Golf Course.

This well maintained motel is centrally located to two of the area's most spectacular parks, Red Rock Canyon State Park and Death Valley National Park.

Currently run by onsite live-in manager and housekeeper.

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Reason for Selling:

Other Business Interest.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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