15 unit updated Motel & House

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15 unit Motel with 3 bedroom house attached to office!
Asking Price:
$250,000

Gross Revenue:
$120,000
Cash Flow:
$32,000
(Seller's Discretionary Earnings)

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

FF&E:
$20,000
included in asking price

Real Estate:
 Not Disclosed

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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 in 100 miles.

About the Business

Year Established:
1955
Number of Employees:
1
Real Estate:
Owned
Facilities:
This is a turnkey business for sale with all the furniture and office operations going with the sales price.
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:
0

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Business Listed by
Jack Harris

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U.S. Census Data for Cheyenne County, NE
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Cheyenne County, NE
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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