Request More Information Contact the Seller
- RE: Turnkey 21 Room Motel For Sale!
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $959,000 | |
| 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: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1016494 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Turnkey 21-Room Motel & Investment Opportunity
This well-maintained, recently updated 21-room motel offers a turnkey hospitality investment in the increasingly popular Dale Hollow Lake and Byrdstown, Tennessee area. The property provides multiple opportunities for maximizing profitability, with an on-site owner’s apartment that can be used as a residence or rented separately for additional income.
Historically, the property has generated approximately $220,000 in average annual net income, with owners who live off-site and utilize management services averaging approximately $40,000 in annual profit. Owner-operators who live on-site have the opportunity to further increase profitability by reducing management and staffing expenses.
Located directly on Highway 111, the property is strategically positioned as the only motel along Highway 111 for approximately 20 miles in either direction, providing excellent visibility and limited direct competition. With Dale Hollow Lake continuing to attract visitors for boating, fishing, recreation, and tourism, this property presents an excellent opportunity for an investor or owner-operator seeking an established hospitality business with additional income potential.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Tennessee businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information