| For Sale: |
|
Motel: WV Independent |
|
| Listing #: |
|
BR11218 |
|
| Description: |
|
Sixty-Seven Room Limited Service Motel
|
|
| Location: |
|
Bluefield, West Virginia
Mercer, County
(Vicinity of Roanoke, Virginia) |
|
| Established: |
|
1970 |
|
| Real Estate: |
|
Four buildings. In addition to the sixty
seven rooms there is an office and a two
bedroom manager's apartment. Three of
the buildings have outside entrances,
the two story building shown here has interior access. |
|
| Business: |
|
Currently operated as an independent, but
with some changes could be converted to a
flag. The operator is a family member
that recently immigrated to this country,
unskilled in the hospitality business and
has not been able to provide the necessary
leadership and guidance necessary to take
advantage of the business potential of the
operation. |
|
| Financial: |
|
Average Annual Revenues: $250,000 |
|
| Price: |
|
$1,200,000
($18,000 per room) |
|
| Terms: |
|
A qualified SBA buyer should be able to
purchase this business and property with 10% down. |
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