48 Room Motel With Restaurant
Location Florida,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $725000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1960
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Reason for Sale Owner retiring
Description NEW LOWER PRICE! OWNER HAS REDUCED PRICE ON MOTEL AND RESTAURANT BY $400K AND ON THE MOTEL ALONE BY $300K! AND HE WILL CONSIDER SELLER FINANCING THROUGH A WRAP AROUND MORTGAGE FOR A QUALIFIED BUYER WITH REASONABLE CASH DOWN! So don't miss out on this rare Florida find! 48 plus room motel with pool and busy restaurant located at intersection of two highways (41 and 27) in growing small town in central florida, minutes from gainesville with its university, medical centers, and shopping. Only motel in town! Great family business. Extra lot adjacent may be available from same owner for expansion, fast food corner, etc. Email or call 352-422-3166 for pictures and more information on this Motel / Restaurant for sale.
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