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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 William Bruce, ABI - Alabama Business BrokerAL
12 Listings
William Bruce Business Sales & Acquisitions, LLC is a full service, national business brokerage and valuation firm for privately held businesses with special attention given to pricing, strategic marketing, successful negotiation and prompt closings, all while maintaining strict confidentiality. Email: Will@WilliamBruce.org Website of listings for sale: www.WilliamBruce.net William's discussion of issues Involved in valuing, buying or selling a business: www.WilliamBruce.org.
$299,000
Cash Flow: $80,000 
Linden, AL 
View Details 
Owner-Operated, Independent Motel in Linden, Alabama at 27% Cap Rate!

Property Highlights: Rentable Rooms: 152017 Revenue: $104,000ADR: $50Asking price: $299,000Revenue Multiplier: 3xOccupancy Rate: 40% Cap Rate: 27%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. The town of Linden comprises 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 parcel next to this property (.25 acres) that More info

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