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11 Units Motel For Sale
Location: United States -> Florida -> Clearwater
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

Ten units plus managers quarters. All one bed studios with fridge and microwave. Stays full with daily and weekly rentals. Easy to manage motel. Owner financing available. 10% percent cap rate. $599,000.

Call mike 7272496282.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $115,000
Cash Flow:   $70,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $10,000
Seller Financing:  Yes

About The Business

Year Established:  2008
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  3 days
Reason For Selling:  Buying larger motel in same area




Print Listing Id: 700287310
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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 > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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