Franchise Motel
Location Texas,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1200000
Net Profit / Cash Flow $450000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2006
Number of Employees 6 - 9
Inventory Included in Asking Price.
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Will train.
Reason for Sale Relocated.
Description Brand New Indoor 55 Rooms Inn & Suites and Franchise with Apartment, 2007 did $ 1.1 million and 2008 did $ 1.2 million, $ 70,000 increase in 1st Quarter of 2009, will do $ 1.3 to $ 1.5 million in future. Free break fast, Business Center, Fitness Center, Out door Pool and WiFi & Hard wired Internet, some suites, No smoking property! Granite Bathrooms & Vanities. In room Coffee maker, Hair Dryer, Iron & Board, Micro/Fridge, Office Desk with Chair, Two phone, Alarm. No Punch List !
Also have in front about two stores space to build !
Buyer has to take over assumable mortgage $ 3.4 million with 7.11% interest and if you coming with other cash then I can provide all other information for only serious buyer with proof of fund and sign confidential agreement.
Click Here To Contact Seller
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