Motel For Sale
Location Missouri,United States
Asking Price Range $500K - $1.0M
Gross Revenues $197000
Net Profit / Cash Flow $120000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2010
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Old age and health problems
Description Privately owned motel with thirty-two rooms. Motel is Colonial style two-story ''U'' shape outdoor property. This is a budget motel with average nightly rate of $42 plus tax. 2012 Room Revenue of $197K. Motel has its own parking lot. This is a great motel with nice living quarters for the owner or manager. Sorry no owner financing available.
The hotel is on a major off ramp on Highway I-70 with good signage visibility. This exit has only one other motel; it has great location close to schools, colleges and downtown area. There are bars, fast food restaurants, and gas station near by also.
Asking Price: $600,000
Call: 573-442-3191
Click Here To Contact Seller
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