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BUSINESS FOR SALE - PROFILE #  ABB005-232

Motel - 20 Minutes South of DeKalb
Dekalb, Illinois Area

Asking Price: $220,000   Down Payment: $220,000  
Gross Revenue: $1   Adj. Cash Flow*: $1  
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Executive Summary
This 10 room motel is a great price at $220,000. There is a two bedroom living quarters with a beautiful kitchen, a spacious living room, and a nice bathroom. All window coverings will stay. There are five rooms that are singles and five doubles. The daily rates are $38.00 or $45.00 a day. The motel is all concrete block except the front has brick over it. This motel has a new roof, all new windows, new window coverings, new carpet, new paint, new beds, new bed coverings, new t.v's, and new microwaves. All the bathrooms are very nice. This motel sits on 2.2 acres. This motel consistently does $80,000 to $95,000 a year in business. There is room to set up something else on the land if you wanted to add something. The owner will finance for $80,000 down.

Acquisition Highlights

  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Inventory:
Furniture, Fixtures & Equipment:
Real Estate:
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
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.

FOR MORE INFORMATION:

Contact:  Jeff Highfill
Phone:  (309) 679-1560
Fax:  (309) 679-1562
Other:  (309) 208-9414
E-mail:  Jeff@AmericanBusinessBrokers.com
American Business Brokers - Peoria, IL
300 E. War Memorial Dr. Suite 306
Peoria, 61614
www.americanbusinessbrokers.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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