Established Motel For Sale

Listing ID: 700265783

Listing Title: Established Motel For Sale

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Industry: Hotels and Holiday Accommodation

Industry Segment: Motels

Country: United States

State / Province: Illinois


City: Carroll County

Asking Price Range: $250K - $500K

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1956

Number of Employees: 10 - 19

Business Description:
Popular, Comfortable and Well Maintained Motel With 32 Units Plus Home For Sale for only $499,900. Well established since 1956 with present owner at the helm since 2003. The owner and staff are friendly and have built a great reputation in the community. The house and two units were the first to be built, followed by an additional six units in 1956, and the rest followed in the 1970's. The property itself consists of 3 buildings The west wing has 17 units and is approximately 4,500 sq.ft. The east wing has 13 units and is approximately 3,800 sq.ft and there are two units approximately 335 sq.ft. attached to the main house which is approximately 2,850 sq.ft. The motels is fully air conditioned and pets are welcome too! All of the rooms are newly remodeled and are all tastefully decorated and complete with refrigerator, microwave, cable television, high speed Internet and a friendly cozy atmosphere. For guests who arrive by boat there is security monitored boat dock parking with electric hook-ups and there is a laundry room available for guests to use. In addition there is an outdoor picnic area, hot tub/gazebo and plenty of parking. All inventory and furniture, fixtures and equipment are included in the sale, along with a 1996 Ford Econoline van used for shuttling guests to and from local destinations. Owner is selling as he is now ready to retire. Perfect location on the Mississippi River in Carroll County, Illinois. Close to the Mississippi Palisades State Park, scenic Route 84, beautiful parks, museum, playhouse, restaurants and a variety of entertainment including hiking, biking, boating, hunting, fishing, eagle watching and more--and only 2 hours away from Chicago! Call for more information. Matchmaker Business 321-452-3462

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