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Independently Owned Motel Four Star Rating
Location: United States -> Wisconsin
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

This is a remarkable chance that is attractively priced for a quick sale! Included in this exceptional opportunity are two businesses. Despite the challenges posed by COVID, these businesses have consistently generated substantial profits. The first business is a well-regarded 4-star motel with 23 rooms, exterior corridors, an office/front lobby area, and a residence on the same premises. Established in the 1950s, this cozy retreat has become a favored stop for guests who appreciate the impeccable cleanliness and friendly service. The motel boasts fully renovated rooms with modern amenities, comfortable bedding, stylish fixtures, and tasteful furnishings. The residence offers 3 bedrooms, 1 bath, a kitchen, dining area, and 2 living rooms. Guests can also enjoy a well-maintained courtyard. The second business is an ice-cream parlor, established in 2015, which is also owned by the same proprietor. This parlor serves a variety of beverages including espresso, coffee, tea, and freshly baked pastries. Customers can enjoy these treats through dine-in, take-out, or drive-thru services. To further enhance profitability, a new outdoor wood-burning pizza oven has been added. If a motivated entrepreneur is interested in only one of the businesses, the owner is open to negotiating a separation. Situated in a highly visible location in north-central Wisconsin, this expansive property offers immense potential. Don't miss out on this incredible opportunity and the promising future it holds! Assets are to include $5,000 in Average Inventory and $697,507 in F/F/E, Buildings, Property, and Residence. Ask for this -for sale by owner- PORTFOLIO #0121


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $240,678
Cash Flow:   $86,371
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $702,507
Seller Financing:  Not Disclosed

About The Business

Year Established:  1950
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale




Print Listing Id: 700334363
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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 > Wisconsin Businesses For Sale > Wisconsin Franchises For Sale > Wisconsin Business Brokers



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