Motel For Sale
Location Mississippi,United States
Asking Price Range $500K - $1.0M
Gross Revenues $125000
Net Profit / Cash Flow $75000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1958
Number of Employees 1 - 3
Inventory 64000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training Available
Reason for Sale Retirement
Description Near the beach on the Mississippi Gulf Coast, this 54 year old motel has been a favorite for generations. The Mississippi Gulf Coast overlooks the Gulf of Mexico and has 26 miles of public beaches. A plethora of activities are available such as renting jet skis or a Catamarans, world-class golf courses, fishing, hunting, historical and art museums as well as 24 hour gaming at one of the areaas 12 casinos. The area is well known for its fine cuisine that is sure to satisfy anyonees palate.
The motel is well appointed. It has 10 one bedroom units with complete kitchens including full size appliances. Each unit has complete furnishings and appliances. A 10 x 40 foot, 36,000 gallon fiberglass-lined in-ground pool and a screened gazebo picnic area with a new deluxe gas grill are available for the guests.
Seller is ready to retire, motivated to sell and open to offers. Seller will seriously consider and promptly respond to all reasonable offers. Come see make offer, get in on all the fun.
Click Here To Contact Seller
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