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BUSINESS FOR SALE - PROFILE #  ABB005-687

40 Room Motel--Spotless--Well Built
Near Jacksonville, Illinois

Asking Price: $675,000   Down Payment: $675,000  
Gross Revenue: $1   Adj. Cash Flow*:  
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Executive Summary

This motel is well built and most rooms are about 25 years old.  The other rooms are about 30 years old.  The entire property looks great.  The two bedroom living quarters is very beautiful and also has a large living room, large kitchen with newer appliances, 1 and 1/2 baths, and an office area.  About 60% of the rooms are interior coooridor and the rest you enter from the outside.  Some rooms are one bed, two beds, and a few suites.  Rooms have modern furniture, flat screens, newer mattresses, and beautiful acrylic tub/shower combos.  All rooms have the combo heating/cooling units and so many of them have been updated.  The parking lot is in good condition.All roofs are in above average condition. Real estate taxes are about $11,000 a year.  The average yearly revenue for the last three years was about $250,000.  You will love this place. Contact Jeff Highfill at 309-208-9414 until 10 PM seven days a week.

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 302
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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