NOT DISCLOSED, Nevada
| Asking Price |
$7,285,000 |
Year Established |
1978 |
|
| Annual Revenue |
$1,200,000 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$700,000 |
Listing Number |
1016927 |
|
| # of Employees |
7 |
Business Category |
Services: Hotel, Motel, Lodging |
|
Business Overview:
Well-established 100-room branded motel positioned on 2.3 acres along a major highway corridor in Nevada. The property serves a diverse customer base, including commercial transportation traffic, tourism associated with nearby national park attractions, mining and industrial crews, and road-trip travelers. A $1 million property renovation completed in 2023 provides a strong foundation for continued operations and future growth.
The motel is currently operating under a franchise agreement with a nationally recognized hospitality brand through November. With an experienced team in place, a potential general manager already identified, and the seller willing to provide several months of transition training, the business offers the potential for a highly streamlined, absentee-owner operation.
Business Highlights
- 100 guest rooms across a two-floor, exterior-corridor property
- 2.3 acres of commercial real estate along a major highway corridor
- $1 million renovation completed in 2023
- Currently franchised with a nationally recognized hospitality brand through November
- Diverse customer base including commercial transportation, tourism, mining/industrial crews, and highway travelers
- 10 W-2 employees, with all employees expected to remain through the ownership transition
- Front desk and guest services supported by 5 employees utilizing kiosk/self-service and traditional front-desk workflows
- 5 housekeeping and maintenance employees supporting daily property operations
- 24-hour operational coverage with dedicated staff
- Experienced general manager candidate identified, offering potential for a 100% turnkey, absentee-owner transition
- Fully equipped with commercial washers/dryers, guest room furnishings, HVAC systems, telecom infrastructure, fixtures, and more
- High-speed fiber-optic infrastructure already in place
- Seller willing to provide several months of transition and operational training
- Seller open to seller financing and/or alternative transaction structures
Significant Growth Potential
One of the property's most compelling expansion opportunities is the potential for on-site gaming and slot machine operations. Municipal/city approvals are already in place to integrate gaming, creating the potential for an additional revenue stream beyond traditional lodging operations.
Additional upside may be achieved through continued vendor and supplier optimization, direct purchasing, occupancy/yield management, and operational efficiencies. The seller is willing to remain available after closing to consult with the new owner on these areas.
With its recent capital improvements, established operations, experienced workforce, highway-oriented customer base, and multiple avenues for additional revenue, this property offers an attractive platform for an investor seeking a stabilized hospitality operation with meaningful upside.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity