MergerPlace

Motel For Sale in Fort Pierce

Florida (St. Lucie)


  • Asking Price: $799,000
  • Gross Income: $329,860
  • Cash Flow: $222,341
  • Real Estate: $465,000
  • Inventory: Not Disclosed
  • FF&E: $150,000
  • Listing ID: #206848
  • Established: 1981
  • Employees: 3

Business Description

21 room motel ready for a new owner. Operated absentee. Divorce forcing sale. Live in manager/ housekeeper. Real Estate included. Occupancy Rate above 90% all year. All rooms have flat screen TV and cable. Many extended stay customers. Credit cards not accepted, all cash business. RE appraised at $465,000. Seller offering $549k financing @ 8% for 15 years. Please refer to listing number 6401-110174 and advisor Simon Polzer when inquiring.


Business Details

Primary Business Category: Real Estate and Rental and Leasing
Location: Florida
County: St. Lucie

Company Information

Year Established: 1981
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3

Financial Information

Asking Price: $799,000
Gross Revenue: $329,860
Cash Flow: $222,341
FF&E: $150,000
Real Estate: $465,000
Seller Financing Available: Yes

Property Information

Facilities:

Included in sale Seller will finance at $549,000 for 10 months at 8%= $5,246.53 monthly payment

Reason for selling:

Divorce

Support & Training:

Seller will train for 4 weeks at no cost

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Simon Polzer

Transworld Business Brokers