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BUSINESS FOR SALE - PROFILE #
ABB005-225 |
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MOTEL - 24 Room - Owner Fin. $80K Down
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Executive Summary
This 24 room motel on one acre of land is just 75 minutes south of Bolingbrook, IL. With $100,000 in sales, this place is a great deal. There is a two bedroom living quarters with a kitchen and bath. There is a room near the office that could be a third bedroom. That room is large and could also be a manager's living quarters because it has a full bath. It is located on a busy state route. The real estate taxes are only $4200 a year and the other expenses are not bad. The rates average about $34.00 a day, $145-190 a week, and $550 to $750 a month. Right now only five rooms are doubles. The owner will finance for $80,000 cash down. There is some work to be done, but most are just minor items such as painting. This owner has owned since year 2000. The owner's family has relocated to Florida and he wants to move there too.
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* Adj. Cash Flow -
Recasting provides an economic view of the company and allows meaningful
comparison with other investment opportunities.
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DISCLAIMER: All information contained in this document has been
provided by the subject company or its agent, and while believed to
be correct has not been verified. Accordingly, we makes no
representations or warranties as to the accuracy and truthfulness of
such information. The recipient hereof acknowledges that we shall
not be liable for any loss or injury suffered by said recipient in
any way connected to the delivery by us of this document. At all
times we are an agent for the seller and not for the buyer unless a
specific agreement exists for us to act as the buyer's agent.
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