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Marengo County AL Entertainment and Leisure Businesses for Sale

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State: Alabama County: Marengo County Industry: Entertainment and Leisure Clear all
Contact Broker View all AL Brokers David R. Melton - Alabama Business BrokerAL
1 Sold
With over 30 years of experience in the Chattanooga commercial real estate market and partnerships with Chattanooga’s premier property development and general contracting firms, Pointe Commercial Real Estate has the expertise, skills and connections to help you buy, sell or lease the commercial space that will enable your business to thrive. Our broker’s experience closing over 1,000 commercial real estate transactions means that when you choose to work with Pointe Commercial Real Estate, you are getting more than just a real estate agent. You are in the hands of a real estate expert and partner invested in your organization’s success. Pointe Brokerage Services and its professionals specialize in providing intermediary services for lower-middle market business owners who are contemplating exit or growth strategy opportunities. Our experienced mergers and acquisition specialists provide insight and strategies as to the right time to sell and whether or not the company is ready to sell. We offer various services including mergers, acquisitions, divestitures, valuations, and transaction consulting. Our client base includes public and private companies, investor groups, and management buyout groups throughout the world.
$259,000
Cash Flow: $80,000 
Linden, AL 
View Details 
Price Reduced! Owner-Operated, Independent Motel in Linden, Alabama!

Property Highlights: Rentable Rooms: 152017 Revenue: $104,000ADR: $50Asking price reduced to $259,000!Revenue Multiplier: 2.4xOccupancy Rate: 40% Cap Rate assuming Owner-Operator working onsite: 32%Owner Operated, Independent Motel with no competition for a 15 mile radius! Purchase a Motel for the Price of a House! The town is surrounded by various lakes catering to the fishing industry. Linden is comprised of manufacturing plants such as West Rock, Foster Farms, Linden Lumber, Cemex, and a few others. The motel includes an owner's suite with bedroom, living room, and kitchen. Total of 15 rentable rooms; 9 upstairs and 6 downstairs. Each room has a refrigerator and microwave. There is a More info

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