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Motel On I-90 With Apartment Building Downtown
Location: United States -> Minnesota -> Jackson
Industry: Hotels and Holiday Accommodation > Motels

Business Summary

This is a 17 unit motel for sale with a one bedroom owners apartment. This motel sits half underground and utility cost is much lower than normal. We have recently remodeled the whole motel and the property looks great. We sit in the middle of the wind turbine central. This coming year we have two wind turbine projects consisting of about 250 wind turbines. We use the apartment building downtown for the guys who stay with us for 3 weeks or more. We operate it like the motel and clean once a week and charge motel rates. This coming year will be very good. Our income has exceeded $155,000 this year and will be $60 - 70k more next year. For more financials give me a call. 507 847 5603. We are asking Motel only $440,000 apartment building $140,000 together $550k. Take a look at our website


Asking Price Range:  $500K - $1.0M
Gross Revenues:   $160,000
Cash Flow:   $60,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1983
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  1 day prior to closing.
Reason For Selling:  New venture.


View Larger Photo(s) Of Business
Motel On I-90 With Apartment Building Downtown Photo 1 Motel On I-90 With Apartment Building Downtown Photo 2

Print Listing Id: 700115810
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Minnesota Businesses For Sale > Minnesota Franchises For Sale > Minnesota Business Brokers

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