CLAYTON, Alabama
| Asking Price |
$399,000 |
Year Established |
1949 |
|
| Annual Revenue |
$110,000 |
Reason for Selling |
|
|
| Annual P/L |
$75,000 |
Attention |
Kavita Purohit |
|
| Annual Cash Flow |
|
Listing Number |
651306 |
|
| # of Employees |
|
Business Category |
Services: Hotel, Motel, Lodging |
|
Business Overview:
Motel and Manager's Apartment in Butler, AL! Great Opportunity for Early Retirement!
Manager's apartment includes 4 bedrooms and a large living room area!
Rentable Rooms: 20 (not including the manager's apartment!)
New A/C Units!
New 40 LED Flat Screen TV’s!
Nice Living Quarters 4 With large Living Space
All 20 rooms are fully booked for two months a year when the Georgia Pacific plant shuts down for cleaning every year!
Motel currently charges $250 plus tax / weekly or $49 plus tax / daily for King size rooms and $360 plus tax / weekly or $59 plus tax / daily for Double Bed rooms!
There are 9 rooms that are Double Beds and 11 are King Size!
Includes one acre of land!
Property includes 20 rooms with new A/C units and new 40' LED Flat Screen TVs!
20 minutes from a Georgia Pacific manufacturing plant employing 2500 people, minutes from a major gas company and a power plant! The traffic count is 5230!
There are a lot of customers that visit for hunting!
Only 45 minutes from Meridian, MS!
Current yearly revenue is $110,000 with fixed expenses of $35,000. Seller is taking home $75,000! Seller is currently operating the Property single-handedly with no employees. Cap Rate is extremely high at 19%!
Asking Price for the Business and Property only $399,000! Pay less than the price of a House for an Income Producing Property!
If interested, please contact us with your email, full name and best contact number. Please use reply to this ad button to contact us.
Property Features and Assets:
Rentable Rooms: 20 (not including the manager's apartment!)
New A/C Units!
New 40 LED Flat Screen TV’s!
Nice Living Quarters 4 With large Living Space
Market Competition and Expansion:
20 minutes from a Georgia Pacific manufacturing plant employing 2500 people, minutes from a major gas company and a power plant! The traffic count is 5230!
There are a lot of customers that visit for hunting!
Only 45 minutes from Meridian, MS!
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity