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Independently Owned Motel Four Star Rating
Location: United States -> Wisconsin
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

This is an amazing opportunity that is priced to sell! There are two businesses included in this fantastic opportunity. These businesses have continued to profit substantially even through COVID! The first business is a 4-star rated motel featuring 23 rooms with exterior corridors, an office/front lobby area, and a residence on the same lot. The motel was established in the 1950s. This little hideaway has been the perfect destination stop as guests rave about how clean and friendly the services are. The motel features completely remolded rooms with up-to-date amenities, bedding, fixtures, furnishings, etc. (New improvements almost Every Year). The residence features 3 bedrooms, 1 bath, kitchen, dining area, and 2 living rooms. There is a courtyard that has been well maintained for guests to enjoy. The second business is an ice-cream parlor, established in 2015, that is owned by the same owner. The parlor serves espresso, coffee, tea, and freshly baked pastries through dine-in, take-out, and drive-thru services. They have added a new outdoor wood-burning pizza oven to increase the bottom line. The owner would consider negotiating to separate the two businesses if an ambitious entrepreneur only wants one of the businesses. This large property is in a highly exposed area of north-central Wisconsin. Inquire today to learn more about this incredible opportunity and the future that it holds! Assets are to include $5,000 in Average Inventory and $697,507 in F/F/E, Buildings, Property, and Residence. Ask for this -for sale by owner- PORTFOLIO #0121


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $221,715
Cash Flow:   $98,553
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $702,507
Seller Financing:  Not Disclosed

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




Print Listing Id: 700334363
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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 > Wisconsin Businesses For Sale > Wisconsin Franchises For Sale > Wisconsin Business Brokers



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