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Motel For Sale - Popular & Growing
Location: United States -> New York -> Upstate New York
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

This Business Received a 4 Star Rating from NAABB. Existing and profitable motel located in a popular and growing area of Western New York with plenty of traffic from the main highway and NYS Thruway. As the owner of this motel, you will have the advantage of being part of an established business that has been in the same location for over 50 years. The motel consists of 3 buildings, including the main building with nightly and monthly rooms, a small building with two monthly rentals and coin laundry, and a large building that houses the office and owners living quarters. There are currently 16 rooms, catering to both nightly and monthly customers.

The sale will include all furniture, fixtures, equipment and supplies. This motel generates consistent business due to its location off the NYS Thruway, as well as its proximity to several popular destinations, including a local beach community with night clubs, gaming and casino, fishing, golf and more. With the ongoing expansion off the thruway exit, this business is primed for growth by adding a simple web presence, marketing and advertising. Currently, the only advertising is a small sign on the NYS Thruway.

The sale of the business does not include the land or buildings. The owner is selling the real estate separately and will consider financing that part of the deal to a qualified buyer.

LEARN MORE ABOUT THIS LISTING AND OTHER LISTINGS IN THIS AREA...
1. Reply to this ad herein from this page
2. Call Joe Waters at 716-581-1594

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Financials

Asking Price Range:  < $250K
Gross Revenues:   $73,680
Cash Flow:   $33,641
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $37,800
Seller Financing:  Yes

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:  4 weeks
Reason For Selling:  Retiring




Print Listing Id: 700220544
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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 > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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