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The Historic Park Motel
Location: United States -> Iowa -> Denison
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

The Historic Park Motel For Sale
Perfect for the Owner/Operator
Bed & Breakfast Atmosphere with Great Potential.
The Park Motel is a 33 unit motel built in the Spanish Hacienda style, with tile roofs and arched doorways. The Park is listed on the National Register of Historic Buildings. It is the longest continuously running motel in Iowa.
It has old world charm, with all of the modern amenities and updates.
It has beautiful theme rooms and Jacuzzi suites, as well as single and double rooms, each with a microwave/refrigerator. Modern laundry equipment. Wi-Fi, new switchboard, internet reservation system, with software.
The owner/manager's apartment has two bedrooms, and two bathrooms, with a Jacuzzi. Excellent location, large lot, truck parking. Email or Call 712-269-0484


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $208,000
Cash Flow:   $56,100
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  1942
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Will be offered.
Reason For Selling:  Owner retiring.

Photos

View Larger Photo(s) Of Business
The Historic Park Motel Photo 1 The Historic Park Motel Photo 2




Print Listing Id: 700130394
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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 > Iowa Businesses For Sale > Iowa Franchises For Sale > Iowa Business Brokers



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