Quaint, Rustic Motel - Price Just Reduced
Location:
United States
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New Hampshire
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Northwood
Industry: Hotels and Holiday Accommodation > Motels
Business Summary
The Northwood Motel for sale offers quaint, rustic and economical accommodations for travelers, including: Family Vacationers Antique Hunters NASCAR Race Fans Dog & Horse Shows Attendees Fishermen Contractors, Canadian Visitors Business Travelers Located in the southeastern part of the state, this motel experiences its busy period during summer months. Situated in the heart of antique country, the motel is also conveniently located to nearby lakes and a state park in a region with a safe, low-crime rate. In addition to heavy tourist traffic in summer months, the motel has appealed to contractors in the region during the off-season.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$106,250
Cash Flow:
$33,124
Cash Flow Type: Sellers Discretionary Cash
Inventory: $27,063
Seller Financing: No
About The Business
Year Established: 1950
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: 2 weeks.
Reason For Selling: Planning to retire.
Photos
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Print Listing Id: 700122526
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