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BUSINESSES FOR SALE

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   >>   Texas Businesses For Sale Categories   >>   

Waterfront Motel, Marina And Restaurant

Location  Texas,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1600000
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1960
Number of Employees  20 - 34
Relocatable  No
Number of Employees  20 - 34
Real Estate  Owned
Reason for Sale  Health, poor economy.
Description  Must sell 2.7 acres prime waterfront property in Port Isabel, TX with State Highway and water frontage. Operating as a motel, marina, restaurant and apartment complex. Recently appraised at 2.5 million. Sale price is 2 million. Owner in poor health. Has 24 motel rooms, 12 waterfront apartments, 28 boat slips, full service marina and a full service waterfront restaurant/bar with more than 4400 square feet in size. All buildings in excellent condition. The property has approximately 185 feet of frontage on State Highway 100 and over 700 feet of waterfront on the Port Isabel Small Boat Harbor. Great View! Perfect for future development. Excellent investment opportunity with manager available for new owners if desired. Owner very motivated to sell. 400,000.00 of price can be deferred up to 5 years. Call Pat at 956-433-6510 or 956-943-2414 extension 0 for additional information.
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