Waterfront Motel
Location:
United States
->
Louisiana
->
New Orleans Metro Area
Industry: Hotels and Holiday Accommodation > Hotels
Business Summary
This inflaggedin motel property is adjacent to boat slips/docks and is conveniently located near shopping centers and tourist attractions. The high-traffic location is close to the interstate and only 10 minutes from the city.
The motel features a 24-hour cafe that is not included with the sale, but certainly adds to the services of the hotel without additional staffing or management concerns. Other amenities include newly renovated rooms with keyless entry, spacious parking, boat docking, and close proximity to casinos.
The owner operates the motel part time with a manager overseeing day-to-day operations. A potential buyer can expect the owner to assist them through a training and transition period, if needed. The business offers good cash flow, financials, and tax returns plus excellent growth and expansion potential.
Financials
Asking Price Range: $2.5M - $5.0M
Gross Revenues:
$1,000,000
Cash Flow:
$250,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1984
Number of Employees: 10 - 19
Relocatable: No
Franchise: Not Disclosed
Current Real Estate: Owned
About The Sale
Management Training and Support: A training + transition period can be negotiated
Reason For Selling: Other business opportunities
Click on the "I'm Interested" button above for more information on this Hotels and Holiday Accommodation > Hotels business for sale.
|
Print Listing Id: 70015103
|
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
|
|
|
|
|
