MergerPlace

65 Room Economy Motel on Interstate 70

Missouri


  • Asking Price: $1,650,000
  • Gross Income: $469,658
  • Cash Flow: $239,546
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #216561
  • Established: 1984
  • Employees:

Business Description

Enjoy a welcoming atmosphere and beautiful scenery within easy reach of St. Charles at America's Best Value Inn Lake Saint Louis hotel. Located off Interstate 70 on 600-acre Lake St. Louis, this motel near Ozzie Smith Sports Complex is ideal for your visit to the area. Lambert-St. Louis International Airport and downtown St. Louis are just minutes away.

HOTEL FEATURES
o Free Wi-Fi Internet access
o Microwave and refrigerator
o Free coffee in lobby 24 hours a day
o Free parking with the beauty of the lake
o Grab a drink at our on-site lounge at the end of the day
o Dine at the Full Service Mexican Restaurant attached to the lobby
o Non-smoking rooms are available
o Kids 17 and under stay free with an adult

Financing is available for as little as 10% down for a period up to 25 years for qualified borrowers. Real Estate is included with the business at this price.


Business Details

Primary Business Category: Accommodations
Location: Missouri

Company Information

Year Established: 1984
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $1,650,000
Gross Revenue: $469,658
Cash Flow: $239,546
Seller Financing Available: No

Property Information

Facilities:

Exterior entrance rooms recently updated with all new paint, flooring, furniture and televisions. New video system throughout property and all lighting converted to LED.

Competition:

Among the fastest growing market in the Mid-West and the #1 fastest growing market in Missouri. Highly visible right off interstate highway interchange.

Reason for selling:

Estate Sale

Contact Business Seller

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Business Listed By:

Stevenn Denny

Innovative Business Advisors