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Business for Sale Summary [Non-Confidential]

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ID:20978

Local Motel

McDowell County, NC

Business Type: services businesses,hotel/motel & other lodging

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $150,000.00

  • Gross Revenues

    $122,000.00

  • Financing

    $ 150,000.00 Down and Cash

  • Owner's Cash Flow

    $68,000.00

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Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Business Description

This is a small sportsman inn/motel in good condition with regular customers. Has 16 rooms including six room with kitchenettes. Nice neat and clean, this motel also has a swimming pool that locals pay to use during the summer. Great rates, this is a big draw for out of towners working, or playing locally for a week or so. Needs some updating but this seller needs no advertising to keep his business flourishing. Imagine what you could do with some updates and advertising! You can own the land and buildings too as they are for sale by owner for an extra $275,000....Call today!

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