Waterfront Motel
Location Louisiana,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1000000
Net Profit / Cash Flow $250000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1984
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training A training + transition period can be negotiated
Reason for Sale Other business opportunities
Description This inflaggedin motel property is adjacent to boat slips/docks and is conveniently located near shopping centers and tourist attractions. The high-traffic location is close to the interstate and only 10 minutes from the city.
The motel features a 24-hour cafe that is not included with the sale, but certainly adds to the services of the hotel without additional staffing or management concerns. Other amenities include newly renovated rooms with keyless entry, spacious parking, boat docking, and close proximity to casinos.
The owner operates the motel part time with a manager overseeing day-to-day operations. A potential buyer can expect the owner to assist them through a training and transition period, if needed. The business offers good cash flow, financials, and tax returns plus excellent growth and expansion potential.
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