Motel For Sale

Listing ID: 700235229

Listing Title: Motel For Sale

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Industry: Hotels and Holiday Accommodation

Industry Segment: Motels

Country: United States

State / Province: Mississippi



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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