MergerPlace

Independently Owned Four Star Motel

Wisconsin


  • Asking Price: $600,000
  • Gross Income: $250,336
  • Cash Flow: $78,154
  • Real Estate: $697,507
  • Inventory: $5,000
  • FF&E: Not Disclosed
  • Listing ID: #200360
  • Established: Not Disclosed
  • Employees:

Business Description

This is an amazing opportunity that is priced to sell!!! This 4-star rating motel features a total of 23 rooms with exterior corridors, an office/front lobby area, and owners residence all on the same lot. Established since the 1950s this little hideaway has been the perfect destination stop as guest rave about how clean and friendly the services are. The motel features completely remolded rooms with up-to-date amenities, bedding, fixtures, furnishings, etc. (NEW improvements almost EVERY YEAR) Great for a new owner no large investment right away! The living corridors feature 3 bedrooms, 1 bath, kitchen, dining area, and 2 living rooms. Perfect for an outside buyer or additional income for manager-on-duty or extended stay guest. There is a courtyard that has been well maintained for guest to enjoy a nice stay in addition to a popular ice-cream parlor that is situated right on a lot of the motel. The ice-cream parlor is owned by the same owner of the motel and would consider negotiating it in the sale of the motel at a separate price. This large property is located in a highly exposed area of north-central Wisconsin, located in a great family friendly community. Assets are to include approximately $5,000 in average inventory, fixtures, furnishings, with building and property valued at $697,507. Call today to learn more about this "For Sale By Owner" portfolio #0121.


Business Details

Primary Business Category: Accommodations
Location: Wisconsin

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $600,000
Gross Revenue: $250,336
Cash Flow: $78,154
Inventory: $5,000
Real Estate: $697,507
Seller Financing Available: No

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Business Listed By:

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