Motel / Resort In Catskills For Sale
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $140000
Net Profit / Cash Flow $80000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1962
Number of Employees 1 - 3
Inventory 200000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training will train
Reason for Sale Health issues
Description Great opportunity to own family operated resort situated on 4 acres in center of Catskills on the bank of unique mountain river very close to wonderful forest lake and 2 minutes drive from Delavere River. There is a big national park with entertainments for kids near resort.
Resort contains and included in the price the following: Owner's 3 bedroom/ 2 bathroom house, Motel 14 fully furnished rooms for 28 people, 2 bungalow for 20 people, in-ground swimming pool, restaurant seats 50 currently serving guests only. Current owner maintain resort open only from May-September. It is great as a family run business who could maintain all year around and to have a restaurant open and available to public as well.
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