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20-UNIT MOTEL WITH OWNER APARTMENT IN MTN./LAKE RESORT TOWN #0022

Hot
1704  

Business Info

Business ID
#0022
Category
Price
$1,499,950
State
Asset
$1,540,000
Gross Sales
$399,142
Cashflow
$296,793

 ASSUMABLE LOAN AVAILABLE FOR QUALIFIED BUYER!!!

ASSUMABLE LOAN! This popular lodging destination was established in 1950 and purchased by the current owners in 2003. In 2007, the existing motel was demolished and a brand new 20-unit lodge was constructed. The NEW motel opened for business in 2008. The owners have created a beautiful getaway with a modern lodge theme and a warm, woodsy atmosphere. This motel is the nicest and newest in the area - a popular relaxation destination with many activities including water sports, hiking and fishing in the summer and snow-related activities in the winter. There is room for an additional 12 rooms to be added and other expansion opportunities. Total assets include the new construction 20-unit motel with owner's apartment, extra-large laundry room, office and 50+ year business history; plus all furnishings, fixtures, equipment, and inventory currently used in running this growing business.

 

Click to contact us for help buying or selling a business.  Since 1980 we have been in the "business of business." We are a professional company specializing in bringing Business Buyers and Sellers together. Being one of the Nations leading firms in our industry, we are best equipped to help you because of our background and years of experience in working with business buyers Nationwide and businesses of all sizes and types. Your business purchase or sale information will be handled by experts and conducted in a confidential manner.

Testimonials

I want to thank all of you for your services. You handled everything very professionally from the original contact through your salesman until the closing of the sale.

Leo J.