Gateway Business Brokers has determined the owner/seller has met our qualification standards of being an established, profitable, bankable business. This is the starting point of our SCS system that has proven to deliver results 3x or more industry standards and helps those we work with experience our mission of receiving the highest customer satisfaction ratings in North America. To obtain a thorough overview of this business, hit the CONTACT SELLER button. Once completed, you will receive an automated email from our system that will provide you with a link to complete a Non-Disclosure Agreement (NDA).
Description
This exceptional 44-room motel, featuring a fully operational restaurant and lounge is situated in a prime location that attracts both local and traveling patrons. This property offers a unique investment opportunity for those looking to enter or expand within the hospitality industry. With its comprehensive amenities and established reputation, this motel is a turnkey solution for success.
The sale is structured as an Asset Sale. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions.
Financial Information
Annual Revenue:
2023: $610,000
2022: $600,000
Net Operating Income:
2023: $335,000
Real Estate
The property is well-maintained and had major renovations in the year 2020 and 2015. The size of the building is at 17,985 sqft.
For more information on this listing, please complete our Non-Disclosure Agreement
Complete NDA for Full Overview
