Motel - 92 Rooms, 495 / 500 QA, Strong Income
Location Kansas,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $0
Net Profit / Cash Flow $318000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2009
Number of Employees 10 - 19
Inventory Guest supply inventory may be purchased at seller's cost.
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training ''Hotel system'' training.
Reason for Sale Other business interests.
Description 92 Rooms * 495/500 QA Inspection Score * Popular family owned motel for sale is well maintained with $280,000+ recent improvements (2007-2008). Last Quality Assurance Inspection (2/09) was 495/500. Spacious and Very Attractive Guest Rooms and Suites, featuring LaZBoy recliners, upscale casegoods and softgoods, coffeemakers, microfridges, and hairdryers. Indoor Spa. Exercise Room. Swimming Pool. 2 Owners Living Quarters. Choice of restaurants and shops nearby. Progressive Interstate Trade Center serving an area population of 67,000+ with strong and diverse retail, service and manufacturing, education, medical, government, and agriculture industries / economy. 2008 NOI - $318,000+
Priced to sell at $2,495,000.
David Pierson
Varnum/Armstrong/Deeter, LLC
(913) 491-8900
Click Here To Contact Seller
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