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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   California Businesses For Sale Categories   >>   

20 Unit Motel In Mountain / Lakeside Resort Town

Location  California,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $252719
Net Profit / Cash Flow  $110901
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1950
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Owned
Description  FULLY ASSUMABLE LOAN! This popular lodging destination was established in 1950 and purchased by the current owners in 2003. In 2007, the existing motel was demolished and a brand new 20-unit lodge was constructed. The NEW motel opened for business in 2008. The owners have created a beautiful getaway with a modern lodge theme and a warm, woodsy atmosphere. This motel is the nicest and newest in the area - a popular relaxation destination with many activities including water sports, hiking and fishing in the summer and snow-related activites in the winter. There is room for an additional 12 rooms to be added and other expansion opportunities. Total assets include a three year old 20-unit motel with manager's apartment, extra-large laundry room, office and 50+ year business history; plus all furnishings, fixtures, equipment and inventory currently used in running this growing business. Ask for portfolio number 22.
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