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Businesses For Sale   >>   Motels Businesses For Sale

Charming 24 Room Old - Florida Motel

Location  Florida,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $600000
Net Profit / Cash Flow  $300000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1950
Number of Employees  1 - 3
Inventory  50000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  28 days.
Reason for Sale  Retirement.

Description  
Very centrally located establishment that blends the warmth and charm of old Florida with the conveniences and services the modern day traveler expects. Located on a major east-west thoroughfare, it is only a short drive from the ocean, major golf courses, shopping, and entertainment centers. The motel has superior visibility and accessibility from the Florida Turnpike and I-95. Nestled in beautiful landscaping with a private large swimming pool, this charming 1950's motel offers 24 rooms, including a live-in manager suite and office area. The motel for sale provides a quite relaxing atmosphere in any of its cozy and clean rooms, located amid a sprawling landscape of gardens, patio/ barbeque, and pool. The motel offers a choice of 2 standard guestrooms, 10 efficiency suites, and 12 one-bedroom apartments with fully equipped kitchens. Most rooms open to pool and garden views. Every room features a private entrance, telephone, cable TV, air conditioning and 24 hours security. The Apartments have full sized kitchens including refrigerator and stove/oven. The efficiency suites all include a microwave and refrigerator. Most of the suites have two full sized beds. The standard rooms all have two full size beds for a cozy comfortable nights sleep for the whole family. This 10,500 sq ft motel is situated on a 1.28 acre over-sized lot that affords future expansion and the addition of a new wing. Additional land is available for a buyer who may be interested in re-developing the motel on a site up to 2.6 acres. Very centrally located establishment that blends the warmth and charm of old Florida with the conveniences and services the modern day traveler expects. Located on a major east-west thoroughfare, it offers superior visibility and accessibility from the Florida Turnpike and I-95 it is only a short drive from the ocean, major golf courses, shopping, and entertainment centers. The motel has.


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