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Motel For Sale
Location: United States -> Mississippi
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

31 room motel with a breakfast room for a continental breakfast, a large onsite laundromat with 15 washers and 8 dryers used by the public and guests, a 1-bedroom apartment that is rented out, 4-RV spaces, one has a mobile home that is rented out, a 5th wheel that is rented out, one spot with a 5th wheel that rents the space and one vacant space to be rented out.

A 3 1/2 acre lot that is leased out for military equipment, a 3 bedroom home that the owners live in (but can be rented out if managers or owners do not want to live on property), the owners also rent out U-haul trucks, trailers etc. (that is an optional business for the new owners, but U-haul wanted to be next to the military base which is a half mile from motel) Motel is off of a major hwy that leads to the beach, on the Gulf coast which is approx 50 to 60 miles. Please call 601-550-0099 or 601-550-2844 for information and pricing.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $255,000
Cash Flow:   $170,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1980
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale




Print Listing Id: 700235229
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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 > Mississippi Businesses For Sale > Mississippi Franchises For Sale > Mississippi Business Brokers



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