Established Motel Business | Easy to Manage
Business Description
Established Motel Business | Easy to Manage
This well-positioned two-story motel presents an excellent opportunity to acquire a cash-flowing hospitality business in Northern Michigan's strong tourism market. Located in Wexford County with excellent street visibility, this 20-room limited-service motel sits on over one acre of land.
Financial Performance:
• Annual Revenue: $268,000
• Cash Flow (SDE): $149,000
• EBITDA: $124,000
• Asking Price: $820,000
Property Features:
• Approximately 20 guest rooms across two stories
• Over one acre of land with excellent street visibility
• Large on-site parking area
• Exterior corridor design for operational efficiency
• On-site front office and manager area
• Real estate and inventory included in sale
Business Advantages:
• Established operation with proven revenue history
• Prime location in strong Northern Michigan tourism market
• Limited-service model provides operational simplicity
• Strong value-add potential through operational improvements
• Suitable for owner-operators or investors
• Easy to manage business model
This turnkey operation offers immediate cash flow with significant upside potential through strategic improvements. The property's excellent visibility and ample parking make it attractive to travelers, while the efficient exterior corridor design minimizes operational complexity.
Financing Options:
Cash, conventional, or SBA financing available for qualified buyers (subject to lender review).
Ideal for entrepreneurs seeking entry into the hospitality sector or existing operators looking to expand their portfolio in Michigan's robust tourism market. The seller is motivated due to other business interests, creating an opportunity for the right buyer to acquire this established motel business.
Real estate ownership provides long-term value and operational control, while the proven financial performance demonstrates the business's stability and growth potential in this desirable Northern Michigan location.
This well-positioned two-story motel presents an excellent opportunity to acquire a cash-flowing hospitality business in Northern Michigan's strong tourism market. Located in Wexford County with excellent street visibility, this 20-room limited-service motel sits on over one acre of land.
Financial Performance:
• Annual Revenue: $268,000
• Cash Flow (SDE): $149,000
• EBITDA: $124,000
• Asking Price: $820,000
Property Features:
• Approximately 20 guest rooms across two stories
• Over one acre of land with excellent street visibility
• Large on-site parking area
• Exterior corridor design for operational efficiency
• On-site front office and manager area
• Real estate and inventory included in sale
Business Advantages:
• Established operation with proven revenue history
• Prime location in strong Northern Michigan tourism market
• Limited-service model provides operational simplicity
• Strong value-add potential through operational improvements
• Suitable for owner-operators or investors
• Easy to manage business model
This turnkey operation offers immediate cash flow with significant upside potential through strategic improvements. The property's excellent visibility and ample parking make it attractive to travelers, while the efficient exterior corridor design minimizes operational complexity.
Financing Options:
Cash, conventional, or SBA financing available for qualified buyers (subject to lender review).
Ideal for entrepreneurs seeking entry into the hospitality sector or existing operators looking to expand their portfolio in Michigan's robust tourism market. The seller is motivated due to other business interests, creating an opportunity for the right buyer to acquire this established motel business.
Real estate ownership provides long-term value and operational control, while the proven financial performance demonstrates the business's stability and growth potential in this desirable Northern Michigan location.
About the Business
- Facilities & Assets
- Excellent opportunity to acquire a cash-flowing, limited-service motel in a strong Northern Michigan market. This well-located two-story motel offers approximately 20 guest rooms on over one acre of land with excellent street visibility. Features include a large on-site parking area, exterior corridor design for efficient operations.
Strong value-add potential through operational improvements. Suitable for SBA, conventional, or cash buyers (subject to lender review). Ideal opportunity to enter or expand in the hospitality market.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Other Interest
- Financing Options
- Cash or conventional/SBA financing for qualified buyers.
Listing Info
- ID
- 2454114
- Listing Views
- 6
Listing ID: 2454114 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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