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Businesses For Sale   >>   Hotels and Holiday Accommodation Businesses For Sale

Upscale Motel I-85 Near Charlotte Motor Speedway

Location  North Carolina,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2007
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned
Training  Available

Description  
This motel is well-located off I-85 and is in excellent condition and well maintained. The Hotel is non-smoking. Current ownership has invested over $700,000 (>$8,500 per guest room) since 2012 to thoroughly renovate and enhance the Hotel to the ''Designed to Dream'' standard, and continues to make capital investments, most recently renovating the indoor heated pool including an ADA-compliant lift. The Hotel enjoys a strong level of cash flow. The Hotel benefits from a high-traffic location along I-85, just minutes from Charlotte, North Carolina. It is proximate to many companies including, but not limited to, Electrolux North American Headquarters, as well as the Concord Mills Shopping Center, Charlotte Motor Speedway and UNC-Charlotte Campus. Offered at $4.35M. Buyer statement IS required to receive information on this property. Contact County South Business Brokers at 704-821-8888 and mention listing # MT09784.


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