Hot Listing

Motel for sale

Asking Price$810,000

Cash Flow
$150,000

EBITDA$80,000

Gross Revenue$267,887

Inventory$5,000
Included in asking price
FF&E$40,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

Motel for sale


Asking Price$810,000

Cash Flow
$150,000

EBITDA$80,000

Gross Revenue$267,887

Inventory$5,000
Included in asking price
FF&E$40,000
Included in asking price
Real EstateNot Disclosed

Business Description
Very great location. Profitable
The Economy inn built in 1955 exterior two story building with 20 units.class c building.lot size1.7acer included 4800sq building area.all the rooms are smoke free.about room amenities has a 4.5 Qb. Newrefrigerator.microwave.32 inches TV with 100 of channels +internate.each room has a telephone .and furniture. Included all utilities equipment.new washer.also front of the motel has open land (yard).- also office attached two story street house included three bad rooms one full shower and half restrooms.unfinished basement.house with garage.and full size of kitchen includes new full size refrigerator .gas stove.full size sink. Storage for grocery's. the motel is in the general business district zone area.lake Cadillac 0.8mi.park and boat dock1.00mi.adventure islands family fun park 3.9mi.lake Mitchell 3.7mi.tv c airport 57 minute’s
About the Business
Years in Operation
70
Number of Employees
2
Currently Home Based
Yes
About the Sale
Seller Motivation
Moving
Financing Options
N/A
Listing Info
ID
2362618
Listing Views
6882
Business Location

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Business Listed by: bipin patel

Listing ID: 2362618 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.