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Businesses For Sale   >>   Kentucky Businesses For Sale Categories   >>   

Motel For Sale

Location  Kentucky,United States
Asking Price Range  $250K - $500K
Gross Revenues  $65000
Net Profit / Cash Flow  $42000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1960
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Yes
Reason for Sale  Relocating.
Description  Profitable, turn key 10 unit motel plus duplex, 40x40 commercial garage/shop and spacious 2 bdrm, 2 bath owner's home on +/- 2.5 acres. Less than 3 miles to Kentucky Lake! Beautiful resort area! All motel rooms renovated in 2007/2008. Motel includes guest coin op laundry room and full guest kitchen, as well as covered picnic pavillion with grill, plenty of boat parking and boat plug ins, horseshoe pit. Motel has website and many return guests, as well as several long term guests. Duplex has new metal roof and both apartments have been completely renovated/updated in 2009/2010. Owner's spacious home has been renovated/updated in 2008/2009. Huge master bedroom with beautiful master bath and screened in patio off bedroom. Huge 40x40 garage/shop with 3 overhead doors built in 2007. Loads of updates throughout entire property. Room for expansion. Great area and great business! Less than 3 miles from Kentucky Dam, Tennessee River, I-24, Purchase Parkway, restaurants, shopping, fishing, beaches, etc. Very unique property with many opportunities! Asking $260,000. Some Owner Financing possible. For more information on this motel call 270-362-4427.
Click Here To Contact Seller

    

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