Small 12 Unit Motel
Location:
United States
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Michigan
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Harrison
Industry: Hotels and Holiday Accommodation > Motels
Business Summary
The motel makes $35,000-$40,000 a yr.Light bill is about $400 a month gas is about $700 a month in the winter months and maybe $100 a month in the summer months garbage is $100 a month, phone is $100 a month that has 3 phone lines. Cable is $200 a month. There is a 2 bedroom home with attached garage, livingroom,familyroom w/ fireplace,diningroom. Room 12 is a 1 bedroom apartment. We also turned room 2 and 3 into a 2 bedroom apartment but can be put back into regular units. There is over an acre we are in Harrison Mi we are between Clare and Houghton Lake we are on Bus 27. Here are some pictures of the outside.Was asking $200,000 due to medical problems went down to $140,000 If you have anymore questions please ask away
989-424-9070 Mary or Cathy
Financials
Asking Price Range: < $250K
Gross Revenues:
$35,000
Cash Flow:
$15,000
Cash Flow Type: EBITDA
Seller Financing: Not Disclosed
About The Business
Year Established: 2000
Number of Employees: 1 - 3
Relocatable: No
Franchise: Not Disclosed
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Reason For Selling: medical problems
Photos
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Click on the "I'm Interested" button above for more information on this Hotels and Holiday Accommodation > Motels business for sale.
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Print Listing Id: 70024474
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