Franchised Motel w/Upgrades in Northwest Iowa

Not Disclosed, IA

Northwest IA

Asking Price: Annual Revenue:
$1,100,000 $332,804

Services: Hotel, Motel, Lodging

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RE: Franchised Motel w/Upgrades in Northwest Iowa Broker: Don Orke

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $332,804
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 30
Employees: Not Disclosed
BBN Listing #: 517128483
Broker Reference #: 10983 DO

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Business Overview:

A 60-room franchised motel located in northwest Iowa on a 2.4 acres site. Many upgrades including painting, roof, water softeners, carpet, fridges, and microwaves have been completed. Former pool space of 1800 sq ft has been renovated and is available as a bar/grill. Room Revenue for YTD May 31, 2019 has increased 50% over YTD May 31, 2018. For more information, please contact Don Orke.

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Reason for Selling:

Health Issues

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 a franchise resale opportunity.

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