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Businesses For Sale   >>   Virginia Businesses For Sale

Historic Hotel For Sale / Lease

Location  Virginia,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $180000
Net Profit / Cash Flow  $180000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1970
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned

Description  
Chincoteague Island has been recently voted No.1 Beach Town in the country by AOL. It's a great and unique resort island on Eastern Shore in Virginia famous around the world because of the beautiful National Park and the Wildlife Refuge, the wild ponies, great seafood restaurants and clean, gorgeous beach. The property I am offering to sell/lease is a historic 17 room hotel on the busy Main Street in the heart of downtown Chincoteague. It is one of the longest running businesses on the island and it's operating now, it's ready to go so you can start making money right away. In addition this property has a very spacious managers apartment. This is opportunity of a lifetime! For more details please feel free to call 757-894-2431.


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