10 Unit Motel - Rural Area
Location:
United States
->
Illinois
->
Oquawka
Industry: Hotels and Holiday Accommodation > Motels
Business Summary
Nice 10 unit motel for sale. 50% occupancy 300 days a year. Updated units and all furnishings are included. Homestead attached has 2 bedrooms, and one is a master suite. Living room has a fireplace, and kitchen is modern. Nice fenced-in patio with hot tub. New exterior and roofing. Plenty of land if expanded.
Located in small town of about 1,500 on the Mississippi River. It is the only motel in the county. Does a nice business 10 months out of the year. Great business for a stay-at-home mom or for retired folks.
Financials
Asking Price Range: < $250K
Gross Revenues:
$35,000
Cash Flow:
$15,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $120,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1965
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Owned
About The Sale
Reason For Selling: Health Problems
Click on the "I'm Interested" button above for more information on this Hotels and Holiday Accommodation > Motels business for sale.
|
Print Listing Id: 70012359
|
Business and Commercial Loans
Over 300 Lenders are waiting to help you with Financing for Business Purchase, Franchise, Commercial Mortgage or Equipment - Get Financing Now!
|
|
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
|
|
|
