Motel For Sale
Location Florida,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $601853
Net Profit / Cash Flow $102879
Cash Flow Type EBITDA
Seller Finance No
Year Established 1942
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Training It is negotiable as to how long the current own...
Reason for Sale The owner has other business interests at this ...
Description This business was originally established in 1942 and has remained under the present ownership since 1998. This 32 unit motel serves as a prime vacation and commercial outlet for customers nationwide. The owners make it a priority to be on the premises as much as possible, even having their own on-site quarters. They also deal with the customers in an extremely open and honest manner. Prices range from $55/room (commercial rate), not including holidays or special events, to $150 for specialty rooms, in-season or special events rates. In addition, this business offers many amenities not found in other accommodations in the area such as: 25'' stereo color TVs, 4 HBO's & 29 other premium satellite programmed channels, Swimming Pool, Picnic area with barbeque, and Boat parking, Available rooms include: King (non-smoking), King (smoking), Double (non-smoking), Double (smoking), 2 suites for family/group use, and an elaborate King Jacuzzi Room. This business is located in one of the most rapidly growing areas of the country; its projected growth and prospects are ever-increasing. It also has excellent room for growth with minimal supplementary expenses. Contact for more information on this Motel business for sale.
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