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Established 16 Room Motel Opportunity
Location: United States -> North Carolina -> Marion
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

Great opportunity on Blue Ridge Parkway Highway 221. Safe and established business serves daily and weekly guests. Turn key operations with new carpet and paved parking lot. Spacious & comfortable on-site management living quarters.

Selling to retire.
Single and double rooms: 10
Efficiency apartments: 6
Last renovation: 2013
Great revenues: $160,000/yr
Price just reduced: $480000. Financing available.

Call Minoo Bhai: 843-271-0147


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $160,000
Cash Flow:   $125,000
Cash Flow Type:  EBITDA
Inventory:  $50,000
Seller Financing:  Yes

About The Business

Year Established:  1985
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 month
Reason For Selling:  Retirement




Print Listing Id: 700205024
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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 > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers



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