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Completely Refurbished Motel And Real Estate
Location: United States -> South Carolina
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

Popular 16-room motel, completely refurbished in 2019. This non-branded motel is just like new and without local competition.

Conveniently located off the interstate, the motel sits on a major thoroughfare guiding tourists to the many beaches, lakes, forests, and state parks located nearby. The calm, country charm of the inn lets guests rest in and savor the tranquility of a rural stay.

Completely rebuilt from the ground up in 2019, the motel features brand new fixtures and amenities. Spacious living quarters provide the owner with all of the comforts of home.

As the only hotel and motel in the area, this property offers an exclusive offering for both travelers and employees needing weekly rates.

Seller financing available and real estate included.

This charming motel has been in operation since 1997 and offers an exclusive option to travelers and weekly-stay guests of the immediate area.

Ravaged by fire in 2017, the motel was completely razed and rebuilt in 2019 and features brand-new fixtures, appliances, equipment, and amenities.

The closest motel is located 11 miles away. The immediate vicinity (11-mile radius) features two campgrounds, one bed and breakfast.

The potential for a 400-acre sports complex and industrial park within two miles of the property bodes well for future growth opportunities.

16-room motel sitting on 2.1 acres. Owner living quarters included.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $64,193
Cash Flow:   $18,874
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $90,000
Seller Financing:  Yes

About The Business

Year Established:  1995
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  1 week
Reason For Selling:  retiring

Photos

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Completely Refurbished Motel And Real Estate Photo 1




Print Listing Id: 700363711
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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 > South Carolina Businesses For Sale > South Carolina Franchises For Sale > South Carolina Business Brokers



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