Nine - Unit Motel
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $52191
Net Profit / Cash Flow $7296
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1956
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Description This beautiful and charming nine-unit motel was established in 1956 and purchased by the current owners in 1993. The motel has been completely remodeled and brought up to code. The grounds of the motel, complete with a fish pond, are perfect for social gatherings and serene meditation. The business includes an attractive manager's apartment as well. Total assets include $500 of inventory, $75,000 of equipment, fixtures and furnishings and buildings and land valued at $500,000. Priced at $799,000. Located in Northwestern California.
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