15 unit Motor Lodge 149k obo

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15 unit Motel with 3 bedroom house attached to office!
Asking Price:
$149,000

Gross Revenue:
$116,634
Cash Flow:
$39,857
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed
included in asking price

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Business Description

This classic style Motor Lodge has been in operation since 1955 and continues to be a favorite among travelers. It has been well maintained with every room upgraded in the last 5 years.
Great location in a small midwest Nebraska town. Directly across the street from a nice grocery store and Starbucks and a thrift store. Within 1 block is the best steakhouse & lounge that serves great breakfast & the premier steaks of the entire area!

About the Business

Location:
Cheyenne County, Nebraska
Year Established:
1955
Number of Employees:
1
Real Estate:
Owned
Facilities:
This is a turnkey business with existing managers and all operations included.
Website:
SidneyMotorLodge.com
Market Outlook/
Competition:
There is one hotel within 1 block and one motel a few miles away. Both have been in business for years just like Sidney Motor Lodge.
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About the Sale

Reason For Selling:
Fulfilled business plan
Training/Support:
The existing business systems will come with the operation including housekeeping forms, daily task forms, daily auditing and procedures walkthrough.

Listing Info

ID:
1435509
Ad Detail Views:
11783

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Business Listed by
Jack Harris

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