Listing ID: 40287

Business Overview

$1,000,000 Rev, $480,000 Net, High ADR, Rev Split 50% DSS – 50% Tourist.

45 Room 2.5 Floor, Indoor Corridor Motel on 1.75 Acres; 3 Additional Rooms Converted to Owner’s Suite.

PIP fully paid. Owner Pro-Active With Upkeep, Motel Structurally In Great Shape.

Seller Wants Smooth Transition — Open to Overseeing Motel For A Couple Years At $50k/yr.

Value Add Opp: Increase Tourist Rev as well as DSS; .75 Acre Flat Parcel Behind Motel Included.

With $1,000,000 down, Seller Will Finance Balance Over 25 Years.

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.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $3,500,000
  • Cash Flow: $480,000
  • Gross Revenue: $1,000,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A
About The Facility:

2.5 Floor, Indoor corridor motel in excellent condition on 1.75 Acres (two parcels – Motel on 1 acre, additional flat .75 acre behind it for value add).

Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.

Competition:

45 rentable rooms, plus 3 converted into owners suite. Hotel is structurally in great shape. Owner is very pro-active with upkeep, PIP fully paid.

Opportunities and Growth:

Seller will finance $2.5 mil over 25 years (with about 30% down at close). Seller wants a smooth transition and is open to overseeing the motel for a couple of year at $50k/year (He lives in town).