Business Summary:
Motel Business for lease only. Looking for an Owner/Operator, you can have positive return on investment from Day 1. Long running business for over 50 + years and still running strong in this economy. Property has a large amount of short stay guests. Monthly overhead is only $2,500 – $3,000!The motel sits off the exit of a major highway on a busy Main St. Business lease will include newly built apartment on property for owner to reside in and make you will make pure profit (all living expenses are paid through the property). Apartment Details: 1 bedroom, kitchen, living room, and full bath. Owner is willing to do long term lease at a great fixed rent, or lease to buy option for qualified buyer. Owner will consider selling business and real estate at this time as well. This is a great opportunity, please serious inquires only.
|
|
|
| |
|
| Year
Business was Established: 1955 |
| |
|
| Number of Employees:
1FT |
|
| |
|
| Facilities / Terms of Lease:
Reasonable Lease will be worked out to offer success to operator. |
|
| |
|
| Potential
Growth/Expansion:
The motel sits along a river bank and the area is undergoing a major redevelopment from the federal government. The new riverbank walk way will run directly behind the property and gives the property the potential to be converted to individual retail units and leased out: Restaurant, C-Store, and Liquor Store. The potential is endless and options are unlimited. |
|
| |
|
| Competition:
Only 1 other motel in the area. |
|
| |
|
| Owner
willing to finance:
No. |
|
| |
|
| Owner
willing to train:
Yes |
|
| |
|
| Reason for selling:
Retirement. Looking to enjoy time with grand children. |
|
| |
|
| This business is Home Based.
|
|
| |
|
Seller Reference Number: bm1823238967
BusinessMart.com Listing Number: 174398 |
|
|
To request more information
on this business
please fill out the form shown right 
|
