17,000 sq. ft. Motel in Heart of Vacationland Northern, OH (ID: 1141695)

Asking Price: $895,000
Gross Revenue: Not Disclosed
Cash Flow: Not Disclosed
Inventory: n/a
Real Estate: $895,000 ++
FF&E: n/a
Business Listed by LISTING BROKERFirst National Business Corporation
Contact Broker:Roy HuffmanFirst National Business CorporationView All of My Listings
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Business Description

MOTEL for sale in Northern, Ohio near Lake Erie and the Islands. This lodging establishment was built 18 years ago and is located in the heart of Vacationland. The 24 king or double-bed rooms include some ADA and Jacuzzi suites as well. All rooms have a kitchenette with a refrigerator, microwave and wet bar in them. The entire 17,000 square foot building is constructed of precast concrete and steel. The 2,000 sq ft third floor can be meeting/activity rooms, or would make a great residence for on-site manager. This business and real estate offer a new owner many options for growth and income!

About the Business

Year Established: 1995
Number of Employees: 6PTE

About the Sale

Reason For Selling: To pursue other business interests

Training/Support: Seller is willing to provide training to buyer for a negotiated period of time

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