This are Nice location In Virginia. This sale include Two motel in a group on the same lot. One is a 57 Room Franchise Motel and Other is 101 Room Private Motel This listing number is for both motels together. Property is very nice and appraisal value will be high. Both motel running with full management staff. Motel doing ADR about $ 70.00 and Occupancy Rate is about 60% This is a very confidential Sale .For further detail contact the office with your bank Financial Statement showing sufficient down payment, and good credit with experienced.We are looking for serious buyer.
Asking Price: $6,300,000 Gross Revenue: $2,000,000Cash Flow: $600,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 not included in asking priceFF&E: Not Disclosed Real Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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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
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