Motel For Sale
www.GlobalBX.com
Listing ID:
700235229
Listing Title:
Motel For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=235229
Industry:
Hotels and Holiday Accommodation
Industry Segment:
Motels
Country:
United States
State / Province:
Mississippi
Area
City:
Asking Price Range:
$500K - $1.0M
Gross Revenues:
$255,000
Cash Flow:
$170,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1980
Number of Employees:
4 - 5
Business Description:
31 room motel with a breakfast room for a continental breakfast, a large onsite laundromat with 15 washers and 8 dryers used by the public and guests, a 1-bedroom apartment that is rented out, 4-RV spaces, one has a mobile home that is rented out, a 5th wheel that is rented out, one spot with a 5th wheel that rents the space and one vacant space to be rented out.
A 3 1/2 acre lot that is leased out for military equipment, a 3 bedroom home that the owners live in (but can be rented out if managers or owners do not want to live on property), the owners also rent out U-haul trucks, trailers etc. (that is an optional business for the new owners, but U-haul wanted to be next to the military base which is a half mile from motel) Motel is off of a major hwy that leads to the beach, on the Gulf coast which is approx 50 to 60 miles. Please call 601-550-0099 or 601-550-2844 for information and pricing.
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