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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   >>   Hotels and Holiday Accommodation Businesses For Sale Categories   >>   

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Motel With 142 Rooms

Location  Louisiana,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $750000
Net Profit / Cash Flow  $90000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1940
Number of Employees  6 - 9
Inventory  80000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Owned
Training  Available.
Reason for Sale  Relocation.
Description  Motel for sale with 142 rooms has been established since 1940. The location of this hotel is spectacular. It is found on an extremely high traffic 4 lane highway that traverses the main city of New Orleans and surrounding areas. Hotel is located directly near consistently visited tourist destinations that provide high amounts of clientele on a regular basis. Hotel is also a very short drive to the airport providing a convenient place to stay for those traveling to New Orleans, Louisiana. New Orleans is known as one of the more popular tourist destinations in the United States. Hotel benefits from this greatly. Business is found on a lot of approximately 3.7 acres. Real estate is included in the sale and is worth a great deal. Seller is relocating out of state and is forced to sell their long established hotel. Seller is highly motivated to sell and will train new owner on this very easy to own and operate business. Seller is open to substantive offers and will seriously consider and promptly respond to all reasonable offers. Come see this thriving hotel business, recognize the potential, make offer.
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