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BUSINESS FOR SALE - PROFILE #  ABB005-836

32 Room Motel--Central Illinois
Peoria, Illinois Area

Asking Price: $670,000   Down Payment: $670,000  
Gross Revenue: $1   Adj. Cash Flow*:  
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Executive Summary

This 32 room motel is located in Central Illinois and has had the same owner for about 20 years.  The owner just wants to retire.  This motel has had many updates.  The roof was $57,000 and is about 7 years old.  The water softener about two years old and was $11,000.  New gutters and soffit.  New fire alarm system that was about $15,000.  Newer plumbing that is about 7 years old.  All the heating and cooling units are about 7 years old.  About 20 rooms have new carpet.  Hot water heater about 4 years old and it was $7000.  Another two tankless hot water heaters were $7000.  This place sits on a huge lot and on a very busy road.  It is located in a very safe area.  Plenty of parking.  There is a two bedroom living quarters witha kitchen.  Contact Jeff Highfill seven days a week at 309-208-9414.

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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