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Independent Twenty Room Motel
Location: United States -> Wisconsin
Industry: Hotels and Holiday Accommodation > Motels

Business Summary

Great Investment in the high tourist area! Operating successfully for over 25 years this independently owned motel has boosted high ratings for clean rooms, friendly staff, and competitive room rates. Located in a high traffic area for great exposure the large 4 city block property maintains four standalone buildings, spacious parking accommodations, a garage, and a playground area. Owners living quarters reside on the same property supporting 5 bedrooms and 2 baths. All rooms have been completely renovated and furnished with modern amenities and appliances. NO MAJOR CAPITAL INVESTMENT RIGHT AWAY AS THIS MOTEL IS WELL MAINTAINED! The business has been an ideal travel stay for years as families highly recommend the motel along with it being a preferred stopping point to several outdoor recreational spots in northwestern Wisconsin. With construction on the upraise in the area, this is a great time to invest as the more ambitious entrepreneur could easily increase revenues rapidly. The current occupancy rate for each room is typically over 300 nights per year. There are 20 rooms with further room to expand if desired. This is a must-see, turn-key operation as the owners are ready to retire. Assets will be included approximately $500 in average inventory, $61,000 in average equipment and fixtures, and the building and property are valued at $691,000. Call today to learn more about this ''For Sale by Owner'' portfolio #0273.


Asking Price Range:  $250K - $500K
Gross Revenues:   $110,000
Cash Flow:   $30,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $753,100
Seller Financing:  Not Disclosed

About The Business

Year Established:  1972
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Retire

Print Listing Id: 700341449
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

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