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Longstanding Motel Business For Sale In Sw Ms
Location: United States -> Mississippi
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

Sunbelt Business Brokers of Baton Rouge presents this longstanding motel business for sale in Southern Mississippi. Motel has 18 units and is in a prime location to benefit from the Tuscaloosa trend shale gas oil boom in the Southeast region of the United States. The motel property for sale consists of 18 units, 1 apartment behind the office (can be used by an owner-operator, manager, or leased to a tenant), 4 mobile homes, and 6 RV spots that could be rented or converted to trailer spots easily. Total acreage is approximately 2.6 acres and is found next to a popular nightclub. The property fronts a major high traffic US Highway and is highly visible and easily accessible from the highway. Motel can easily be completely owner operated to maximize cash flow and revenue. Motel has many repeat commercial customers. There is very limited competition in the area.
This motel business for sale is found in Southwest Mississippi, right on the edge of the Tuscaloosa Marine Shale Trend, an area rich in enormous amounts of hydrocarbons. With the recent advent of shale ''fracking'', this area has tremendous potential to bring in a number of oil and gas contract workers with families, many who will need a temporary place to live while working. This is the perfect opportunity to cash in on a high growth sector.
Owner has decided to sell to pursue other business interests. Owner is motivated to sell and will seriously consider all reasonable offers. Owner may consider some seller financing for a qualified buyer with a proper down payment. Contact us today for more information on this longstanding motel business for sale. Come see the establishment, see the perfect fit for you, be impressed and make offer!


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $195,000
Cash Flow:   $120,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $46,000
Seller Financing:  Yes

About The Business

Year Established:  1980
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Available
Reason For Selling:  Other business interests




Print Listing Id: 700331454
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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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