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Interstate Front Motel With Room For Expansion
Location: United States -> Missouri
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

Established, profitable with land for expansion

Established motel including real estate for less than $17k / door. Interstate front between 2 large metro markets. 23 rooms with single, double and triple bed occupancy. Currently it houses a live onsite Manager who handles housekeeping. There is approximately 3 acres behind the motel which could be put to use for RV parking, storage, additional rooms, etc. Total property included in sale is 3.75 acres and large storage barn.

Caters to interstate travelers and current experience is ~50% pay with credit card, ~50% pay in cash. Rooms rent for $45 - 70 per night.

Facilities: Interstate Front between 2 major metro markets, 14,500 square feet.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $82,235
Cash Flow:   $44,438
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1957
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:  Owner will provide 30 days on-the-job training included in the sale price. Training to include order process, store process & procedures.
Reason For Selling:  Owner pursuing other interests

Photos

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Interstate Front Motel With Room For Expansion Photo 1




Print Listing Id: 700371784
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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 > Missouri Businesses For Sale > Missouri Franchises For Sale > Missouri Business Brokers



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