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Motel Property In Vidalia, Ga
Location: United States -> Georgia -> Vidalia
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

Property Highlights:

2020 Revenue: $344,360
2020 Net Profit: $187,590
2020 Cap Rate at 10.5%!

Current Rentable Rooms: 70
Current Occupancy Rate: 40%
Current ADR: $40

Current numbers are higher than 2020 numbers!
Property includes a 3-bedroom apartment!

Approved for either conversion to Travelodge or OYO if you wish to go the franchise route.

Brand new hardwood floors in 30 rooms! Electrical & Plumbing Completely Renovated! 2 new roofs and AC units were installed in 2020!

Restaurants within walking distance for hotel customers! 2 miles from Vidalia Regional Airport! Perfect location for visitors of the annual Vidalia Onion Festival! 4 mins from Vidalia Onion Museum, Art & History Museum and Theatre. 4 miles from Two Golf Clubs. Walking Distance to a Medical Center and the City Park.

Asking Price with Property is $1.79M! Seller is willing to Lease Purchase with 20% down payment for a qualified Buyer!

If interested, please give us a call anytime.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $344,360
Cash Flow:   $187,590
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2005
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

Photos

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Motel Property In Vidalia, Ga Photo 1




Print Listing Id: 700375813
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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 > Georgia Businesses For Sale > Georgia Franchises For Sale > Georgia Business Brokers



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