Independently Owned Motel Four Star Rating

Listing ID: 700334363

Listing Title: Independently Owned Motel Four Star Rating

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Industry: Hotels and Holiday Accommodation

Industry Segment: Motels

Country: United States

State / Province: Wisconsin



Asking Price Range: $500K - $1.0M

Gross Revenues: $221,715

Cash Flow: $98,553

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1950

Number of Employees: 1 - 3

Business Description:
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

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