Listing ID: 37650
Business Overview
Well established Motel with valuable connections.
This motel features 22 rentable rooms and operates with a desk open from 9am to 9pm on weekdays.
The property has no advertising expense and does not pay commissions to third-party bookings sites as its government contracts fill the occupancy of the majority of rooms.
With an owner-operated model and limited additional services, the focus is on efficient operations.
Rooms are cleaned once a week or when new vouchers are received.
The Motel also boasts RFID locks on doors, with potential for upgrading to Bluetooth technology.
During the winter season, the Motel enjoys especially high demand, nearing a 100% occupancy rate.
This is an excellent opportunity to enter the hospitality industry with an established Motel, valuable government contracts and strong cash flow.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.
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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711
Financial
- Asking Price: $1,650,000
- Cash Flow: $375,000
- Gross Revenue: $512,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: No
- Established: N/A
Detailed Information
- Property Owned or Leased:Own
- Property Included:Yes
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
This Motel features 22 rentable rooms and operates with a desk open from 9am to 9pm on weekdays.
Yes.
Other business interests.
The property has no advertising expense and does not pay commissions to third-party bookings sites as its government contracts fill the occupancy of the majority of rooms.
This is an excellent opportunity to enter the hospitality industry with an established Motel, valuable government contracts and strong cash flow.