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Businesses For Sale   >>   Motels Businesses For Sale

Motel And Rental Homes Near Telluride Ski Resort

Location  Colorado,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $210000
Net Profit / Cash Flow  $172000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1995
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Hotel Mngt Software. Length of on-site training to be negotiated.
Reason for Sale  Health.

Description  
(1) 13 Unit All Suites Motel (asking $539,000). Each unit has kitchen & private bath. Remodeled from studs inward - electrical, plumbing, drywall, flooring, cabinets, fixtures, windows. Center of town on State Hwy. Next door to food market and laundromat - Walk to all restaurants & services. Avg sales are $150,000 with CAP 21%! (2) Six furnished & rehabb'd homes, 3 are 2 bed/1 bath and 3 are 3 bed/2 bath on 2.5 acres of commercially zoned property with State Hwy frontage. (asking $429,000) Rented by the motel on a short or long term basis. Extremely busy Spring through Fall to industry crews. Completed redid the sewer drainage system Nov 2011. 20 GPM decreed well supplies water. All utilities are installed. Avg $65,000 sales per year. This is a completely turnkey business opportunity of a rental portfolio! However, we will separate the two and sell just one of the two properties. Located just 32 miles west of world class Telluride Ski & Golf Resort.


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