Motel - 92 Rooms, 495 / 500 QA, Strong Income
Location:
United States
->
Kansas
Industry: Hotels and Holiday Accommodation > Motels
Business Summary
92 Rooms * 495/500 QA Inspection Score * Popular family owned motel for sale is well maintained with $280,000+ recent improvements (2007-2008). Last Quality Assurance Inspection (2/09) was 495/500. Spacious and Very Attractive Guest Rooms and Suites, featuring LaZBoy recliners, upscale casegoods and softgoods, coffeemakers, microfridges, and hairdryers. Indoor Spa. Exercise Room. Swimming Pool. 2 Owners Living Quarters. Choice of restaurants and shops nearby. Progressive Interstate Trade Center serving an area population of 67,000+ with strong and diverse retail, service and manufacturing, education, medical, government, and agriculture industries / economy. 2008 NOI - $318,000+
Priced to sell at $2,495,000.
David Pierson
Varnum/Armstrong/Deeter, LLC
(913) 491-8900
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
Seller Will Provide
Cash Flow:
$318,000
Cash Flow Type: EBITDA
Inventory: Guest supply inventory may be purchased at seller's cost.
Seller Financing: Not Disclosed
About The Business
Year Established: 2009
Number of Employees: 10 - 19
Relocatable: No
Franchise: Not Disclosed
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: ''Hotel system'' training.
Reason For Selling: Other business interests.
Photos
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Click on the "I'm Interested" button above for more information on this Hotels and Holiday Accommodation > Motels business for sale.
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Print Listing Id: 700102105
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