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Historic Motel Business For Sale
Location: United States -> Louisiana
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

This historic motel business for sale is Located in central Louisiana has been fully remodeled and is in good condition. Motel has been in operation for over many decades! Motel has a 2 bedroom living quarters for the owners to live in and operate the business from. Business has 22 rooms and is located on the main drag of the city. City is home to a major university and serving as a commerce center for the surrounding area. City is a great place to live and raise a family.

There is plenty of affordable housing many with large or acreage lots. Crime is very low and the air is very clean. Outdoor recreational opportunities like hunting, fishing, hiking, bicycling, camping abound. It is just a short drive down the interstate to a major metropolitan city with all the amenities. Motel has several long term tenants that stay and pay monthly. Business is currently run absentee but could be even more profitable with an owner operator.

Owner has decided to sell to pursue other business interests. Seller will help train new owner on this easy to own and operate business. Owner will consider some seller financing for a qualified buyer with a reasonable down payment. Contact us today for more information on this historic motel business for sale, meet the owner, see the newly renovated building and be impressed, make offer!


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $108,000
Cash Flow:   $48,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $61,000
Seller Financing:  Yes

About The Business

Year Established:  1950
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:  Available
Reason For Selling:  Other business interests




Print Listing Id: 700238662
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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 > Louisiana Businesses For Sale > Louisiana Franchises For Sale > Louisiana Business Brokers



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