 Motel~C-Store!Nightclub~Banquet
Center |
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Report Date: |
2/12/2008 |
BizBuySell
Add #: |
362392 |
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Primary
Category: |
Motel/Hotel |
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Financial
Information |
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Asking: |
$ 1,098,000 Package Motel:
$599K,
C-Store $499K |
Gross: |
$ Motel: $200K/yr, C-Store
$300/day, Nightclub $2,000/wknd |
Cash Flow: |
$ NA |
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Furniture, Fixtures &
Equipment: |
$ Motel: $75,000, C-Store
$30,000 |
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Inventory: |
$ 2,000 (not included in
sale price) |
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Real
Estate: |
$ 1,000,000 Included in sale
price |
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Financing: |
New financing, make offer |
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Summary
Description: |
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Long established motel with
19 regular rooms, 3
whirlpool suites and 11
kitchenettes. All
rooms are updated and
renovated. The kitchenettes
are usually full as they are
the only ones in town.
Convenience Store is only 6
months old and has a growing
and regular clientele.
Also attached is a banquet
facility, banquet center.
Kitchen is in place and is
ready for equipment. |
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General
Information: |
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Facilities: |
13,000 sq ft C-Store |
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Competition: |
Only motel and banquet
center in this part of town. |
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Growth &
Expansion: |
Lots and lots of growth for
this high traffic location
right on Hwy 71, just north
of Willmar. This
location is totally improved
with new parking lot in
2007. Property has potential
for liquor store. |
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Support /
Training: |
30 days for new owners. |
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Reason
Selling: |
Relocating |
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Contact
information: |
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Contact:
Jerry Vlaminck |
Phone:
763.972.9077 |
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Email:
hospitalityserv@frontiernet.net |
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Prospect Contact Options:
Require prospect's
name
Require prospect's
telephone number
Ask for prospect's
available funds
Ask for prospect's
time frame
Require prospect
submit standard
Confidentiality Agreement |
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