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16 Room Motel With 3br / 2ba Guest House & 2.4 Acres
Location Colorado,United States
Asking Price Range $500K - $1.0M
Gross Revenues $238000
Net Profit / Cash Flow $127000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1958
Number of Employees 1 - 3
Inventory $50000 - $60000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Yes. Owners may stay on as mgrs thru Oct 31, 2013
Reason for Sale Other business interests & semi-retirement
Description Recipient of 2012 TripAdvisor ''Certificate of Excellence'', this successful lodging facility has sixteen AAA Approved, ultra-clean units plus a 3 BR/2 BA, 1,500 sq ft Guest House/Lodge. 2012 gross receipts up 34% over 2011, total $238,000. Ultra clean, well maintained facilities, completely furnished and ready for new owner to hit the ground running. Wireless internet system includes 3 routers to cover entire property. Guest House is quiet and private, with a complete kitchen area with stove, frig, dishwasher, and microwave, deck with gas grill and outdoor furniture, fireplace, pool table, 3 TVs including 36 inch flat-screen Sony Trinitron TV with VCR/DVD player and 70-channel cable, washer/dryer, and beautiful views of Mesa Verde to the southeast and the majestic peaks of the La Plata mountain range to the east. A beautiful natural area known as the Hawkins Preserve nearly adjoins the property and is great for sightseeing, hiking and mountain biking. These accommodations are only ten miles west of the famous Mesa Verde National Park; ten miles north of the popular Ute Mountain Casino; and fifteen miles south of the quaint mountain town of Dolores - gateway to the San Juan National Forest and Telluride Ski Area. Within less than half hour drive are the states of Arizona, New Mexico and the Four Corners National Monument. We are in the heart of the Trail of the Ancients. Many reservations on books and being received daily for 2013. Email to request website address with photos, unsolicited guest reviews and/or more information on this profitable turn-key business for sale at $549k to include all furnishings, international marketing strategies, reservations, websites, etc. Cap Rate approximately 17-18%. Closest motel to airport (2 mi) and Ute Mtn Casino (10 mi). Ranked #1 on Booking.com and usually top 3 on TripAdvisor. Call Owner 970-565-3333.
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