Well Established Motel For Sale
Location Florida,United States
Asking Price Range $500K - $1.0M
Gross Revenues $150000
Net Profit / Cash Flow $90000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1951
Number of Employees 1 - 3
Inventory 30000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Weeks training: 2. Cost: $0.
Reason for Sale Retire.
Description This well established motel for sale has been owned by the seller for the last 19 years and they are ready to retire. Located right on the new In-Town Bypass that is coming there way. City is taking some of the property soon under eminent domain, so there could be some good $ to be made here with the city's buyout and then the increased traffic. 28 rooms / 18-One Beds & 10-Two Beds. Seller estimates sales between $90-150k a year right now. Bring all offers. Please refer to listing # 43901946 and ask for H.Joe Strickland when inquiring. Thank you!
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