Florida 48 Room Motel With Restaurant For Sale

Business description

Florida 48 Room Motel With Restaurant For Sale For $1,400,000. Extremely well established & well known since 1960. This great family business is the only motel in town! Owner is even prepared to finance a qualified buyer through a wraparound mortgage & with a reasonable cash down payment. This motel is a rare find & is in a small town in Central Florida. This is a 48 room motel plus so much more. They have a great pool & an extremely busy restaurant. The restaurant does 60% of the gross revenue! Their intersection location is a big asset--they get all the traffic, coming & going along two major highways. There is an extra lot adjacent to the motel that could be considered for sale by Owner, if someone wants to expand. It would be a great location to put a fast food service restaurant. Extra feature, is that this motel is close to Gainesville which is known for the University of Florida & the famous Gators football team, Shands Hospital & other prominent medical centers, great shopping & more. Call now for more information.

Property information

Real Estate:

Real Property Included

Location:

Located near Gainesville in Central Florida. Williston is a friendly town in Florida's heartland & has abundant natural resources. Here you will find the world-famous dive springs of Devil's Den & the Blue Grotto, upland forests, & lots of other beautiful features. Williston is part of "The Original Florida" & is the gateway to "The Nature Coast." This region exudes southern charm & hospitality & is rich in history. The natural attributes here provide a high quality of life for residents & it is home to the University of Florida & Industries that are experiencing significant growth in manufacturing, distribution, & forestry. The cost of conducting business in this region is minimal in comparison to surrounding regions producing the same caliber of talent & skilled labor. These successes are supported by a good infrastructure consisting of Interstate Highways, State & County Roads, railroads, & the Williston Municipal Airport with its surrounding 2,000-acre Industrial Park .

Premises details:

Motel, Pool & Restaurant

Business Operation

Expansion potential:

There is extra lot adjacent to the motel that could also be considered for sale by Owner, if someone wants to expand. It would be a great location to put a fast food service restaurant.

Competition / Market:

No concerns

Reasons for selling:

Owner would like to retire

Employees:

9

Years established:

1960

Other information

Support & training:

Owner offers training & support as needed

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Financing available:Owner is even prepared to finance a qualified buyer through a wraparound mortgage & with a reasonable cash down payment of $300,000!.