Motel

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Business Description

Truly a diamond in the rough!!!
Formally Ramada Inn, Days Inn. Now being remodeled in 2015 with their own brand of the flag.
Great opportunity!
Conveniently located, only a couple of miles away from all the major attractions and from downtown Montgomery.
It lies on over 4.5 acres of land, the main building consists of the Motel with 80 rooms and has vacant space for the restaurant. It used to be the Red Lobster, now is vacant for the new owner to start a new restaurant or lease it out for extra $$$. Currently there is extra income from a Uhaul rentals and storage.
Seller financing available to those who qualify.

About the Business

Location:
Montgomery, Alabama
Real Estate:
Owned
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About the Sale

Reason For Selling:
Looking for a new adventure
Training/Support:
A month of free training

Listing Info

ID:
1599048
Ad Detail Views:
1056
Asking Price:
$3,100,000

Gross Revenue:
$900,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

Peter Park

Heritage Realty
License# 301800

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