Business For Sale

Wytheville, VA - Motel, Residence and Restaurant

Confidential, VA
Wythe County


Asking Price: Annual Revenue:
$495,000 Not Disclosed

Services: Hotel, Motel, Lodging


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RE: Wytheville, VA - Motel, Residence and Restaurant Broker: Mike Keen

Quick Facts

Asking Price: $495,000
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 #: 537738952
Broker Reference #: ROANOVA001-N283

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Business Overview:

The Fox Mountain Inn is located in the beautiful town of Max Meadows, in Wythe County, VA. The Inn is located near the I-81 and I-77 interchange which has been instrumental in its growth. Max Meadows has realized growth due to industry and tourism and is home to both Gatorade and Pepsi manufacturing facilities. The growth is due in part to the ease of access and central location along the Eastern seaboard. Tourism takes a variety of different forms in Wythe County. There are numerous opportunities for those who enjoy outdoor activities including a variety of trails, campgrounds, and parks in the area. Its first winery opened in 2006 and a second opened in 2007. The Fox Mountain Inn is a 10 unit Motel that has had excellent income production. In addition, the motel has an attached 1,680 sq. ft., 3 bedroom, 2 full bath living quarters, situated on 2.5 +/- acres which are used as the owners' residence. Also included in the sale is a 1,280 sq. ft. full service restaurant separate. The Fox Mountain Inn has a 4.5 star Google rating with many excellent reviews of cleanliness, friendliness and quiet. For more information about this exceptional business opportunity, please contact: Mike Keen, CFE, CMSBB Email: mkeen@sunbeltnetwork.com Phone: (540) 777-1585. For more information on this business or any other business that you may be interested in, please contact Sunbelt Business Brokers of Roanoke and Lynchburg - United Country/Roanoke Realty & Auction located in Roanoke, VA. View our company website at http://http://www.sunbeltnetwork.com/roanoke-va/. You can also like our Facebook page and receive periodic business listing updates. Our Facebook page is Sunbelt Business Brokers of Roanoke and Lynchburg - https://www.facebook.com/sunbeltbusinessbrokersroanoke/

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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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