Prime Location 40 Room Motel For Sale
Location North Carolina,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $180000
Net Profit / Cash Flow $100000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1982
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Owners offer training & support.
Reason for Sale Owners wish to retire due to health reasons.
Description Prime Location 40 Room Motel for sale in a Downtown Area in North Carolina For $1,600,000! Motivated Seller! This Motel, established since 1982 has amazing potential & needs an enthusiastic new Owner to take charge. This is an ideally positioned property on 1.4 acres of prime real estate, right on the corner of a busy intersection by a major overpass. Thousands of travellers pass by daily! The motel has fresh new exterior paint & has excellent, easy access to & from the premises. It consists of 3 levels with spectacular mountain & river views. There are bar & restaurant facilities on the premises & the downstairs banquet hall that covers a spacious 10,000sq.ft could easily be turned into a terrific nightclub!. The motel also has living quarters for Owner or management. This is a fast growing area & a very popular area of North Carolina. Friendly staff will stay, if needed. No smoking rooms & facilities, lots of parking, even for trucks & RVs, all rooms are very clean with double, queen or king size beds, new bedding & have A/C & Heat, cable television, AM/FM alarm clock, 24 hour front desk, fax & copy service. Owner is also prepared to offer financing up to 50% of asking price with substantial down payment.. This motel is waiting for someone that can recharge its batteries! This motel has so much potential. By re-opening the bar & restaurant facilities & even by converting the banquet facilities into a nightclub, it could be used for private functions, banquets, wedding receptions, conferences, corporate retreats--the possibilities are endless. Prime location on 1.4 acres. in the western region of North Carolina with breathtaking views of the mountains & the river. Please email or call Jim Baker, Matchmaker Business, Inc 321-452-3462 for more information.
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