Mom & Pop Motel On Major Interstate
Location Missouri,United States
Asking Price Range $250K - $500K
Gross Revenues $90000
Net Profit / Cash Flow $45000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1999
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Other business interests
Description GREAT STARTER PROPERTY FOR 1ST TIME BUYER. PRICE JUST REDUCED TO $425,000 with OWNER FINANCING AVAILABLE. CASH PRICE $ 400,000. GREAT DEAL!
This 20 unit roadside motel is ideal for the Owner/Operator that wants to live on property while running an established business. Situated on 7.5 acres of land next to US Hwy 44 half way between Springfield and Rolla. Built 13 years ago, the original owners are finally wanting to sell and concentrate on other business interests. THIS PROPERTY WILL GO FAST - IT IS A TURN KEY OPPORTUNITY!
The Budget Inn is a family owned business since it was built and services the small town of Conway, Missouri (only 30 miles from Springfield). The owners have built a steady clientele with a number of pre-booked special annual events, sold out multiple weekends through the remainder of the year. Built to own while operating, the living quarters are situated directly behind the front desk with a spacious kitchen/dining room, 3 bedrooms, 2 baths, and manager' s office.
Conway, Missouri is a small rural town half way between Lebanon and Marshfield. This proud farming community boasts of great schools, churches and sporting events. The property is the only motel in town with a great reputation for clean accommodations. There is ample space for truck parking and the property has great visibility from US Hwy 44 and access to the exit for Conway
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