Interstate Front Motel With Room For Expansion

www.GlobalBX.com

Listing ID: 700371784

Listing Title: Interstate Front Motel With Room For Expansion

Quick Link: http://www.globalbx.com/listing.asp?bId=371784

Industry: Hotels and Holiday Accommodation

Industry Segment: Motels

Country: United States

State / Province: Missouri

Area

City:

Asking Price Range: $250K - $500K

Gross Revenues: $82,235

Cash Flow: $44,438

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1957

Number of Employees: 1 - 3

Business Description:
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.



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