Established Motel & Owner House For Sale
Location North Carolina,United States
Asking Price Range $500K - $1.0M
Gross Revenues $114000
Net Profit / Cash Flow $50000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1982
Number of Employees 1 - 3
Inventory 50000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Owner offers training & support to enthusiastic new owner.
Reason for Sale Owner is looking forward to enjoying retirement.
Description Price Reduced! Motivated Seller.Independent Family Owned Motel Complete With Owners House For sale For $650,000. This Motel has been well established since 1987. This is a perfect business for a family or a husband & wife team. The motel comprises of four efficiency rooms, four large suites with full kitchens, a cottage (which is one of the newer additions) plus a 2 bedroom apartment. Finally there is a 3 bedroom Owner's home with one & a half baths & updated cabinetry & an attached motel office. The property ia all on 5 acres of land that is partially wooded with plenty of room for expansion. This would be an opportunity to add more cabins or create a camping ground. The views from all of property are serene & spectacular. Great fishing, hot tubs, mountain views--what more do you need! Beautiful location with 5 acres of property overlooking a large pond in the mountains of North Carolina. Easily accessible, this motel is between Asheville & Chimney Rock on scenic highway 74A. This area has alwsys been very popular with tourists visiting such attractions as Biltmore House & the Blue Ridge Parkway, Great place to settle & raise a family. No concerns about competition, the nearest competitor is 8 miles away! Trading hours:Monday through Sunday from 9:00am to 10:00pm. Email or call Jim Baker at 321-452-3462 for more information on this Motel & Owner House for sale.
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