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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   >>    Bed and Breakfast Business For Sale, Bed & Breakfast Business For Sale, Bed Breakfast Inn Business For Sale, Country Inn Business For Sale, Foreclosure Hotel Business For Sale, Foreclosure Motel Business For Sale, Guest House Business For Sale, Holiday Home Business For Sale, Hotel Business For Sale, Hotel by Owner Business For Sale, Inn Business For Sale, Motel Business For Sale, Motel By Owner Business For Sale, Park Business For Sale, Small Hotel Business For Sale, Small Motel Business For Sale, Trailer Park Business For Sale

Economy Motel For Sale Location  Tennessee,United States Asking Price Range  $500K - $1.0M Gross Revenues  $225000 Net Profit / Cash Flow  $50000 Cash Flow Type  Sellers Discretionary Cash Seller Finance  Yes Year Established  1998 Number of Employees  4 - 5 Relocatable  No Number of Employees  4 - 5 Real Estate  Owned Reason for Sale  OTHER BUSINESSES IN DIFFERENT STATE Description  50+ UNIT MOTEL MANCHESTER, TN ONLY $550,000! With pool, separate restaurant building, newly renovated rooms, lobby, and closed restaurant, offered with great owner financing terms and low cash down! Newer room a/c units and furnishings!Call Paul 1-859-325-0257. Seller recently took back property through foreclosure and has another motel in a different state so he cannot devote the time to operating this one. Previous historical revenues were around $300k but recent numbers are not available from foreclosed operator. Motel is located in business district of downtown Manchester, Tennessee, and does steady business as an independent economy motel. It was bought several years ago by a corporate buyer who renovated the rooms, lobby, pool, and restaurant and then tried to run it as an upscale boutique hotel. However, the property is best operated as a classic motel. This corporate buyer had multiple properties in several states and lost them all when the real estate investment business hit a downturn. Previous owner took the property back and reopened it when he discovered corporate buyer had closed the doors and walked away and since seller took it back it has been operated by local staff with miniman advertising. The motel is best run by an owner operator who understands the motel business. Seller will make a great deal with owner financing for the right person who is not afraid of taking over the difficulties of a foreclosed property (e.g. unknown income and deferred expenses from corporate buyer). Motel is being sold "as is, where is". Motel is currently open and operating. Beautiful living quarters for owner or manager. Call now! 1-859-325-0257 Click Here To Contact Seller      For more business opportunities like this go to: http://www.globalbx.com

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