- Listing ID: 470603
- (Seller ref: BatonLA0011016)
Beach Front Hotel For Sale
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Summary
- Asking price:
- $390,000 (Furniture / Fixtures included)
- Sales revenue:
- $212,000
- Cash flow:
- $119,000
- Years established:
- Since 1967
- Employees:
- FT: 1
Business description
On the beach fronting the Gulf of Mexico, this 40 year old Hotel/Motel has been a favorite for generations. In addition to having fun on the beautiful white beaches, the surf fishing, crabbing and shrimping is great. Hotel is in a town that is a major gateway to spectacular offshore/big game fishing. Hotel is nice and well maintained.
Motel has 13 two bedroom rental units, 12 have a kitchen, and 1 does not. Motel has an approximately 2000 sq ft apartment for an owner/operator. Motel maintains an average 80% occupancy year round. Asking price does not include real estate. Seller will consider including real estate in sale for a market value price. Motel sits on a beautiful spacious lot over looking the Gulf of Mexico.
The town where the motel is located is renowned for its fishing and party atmosphere. About everybody that comes to town to work or play has a fun time. This is one of the only few businesses where you can work and have lots of fun doing it. It would be ideal for the semi-retired.
Seller is ready to retire, motivated to sell and open to offers. Seller will seriously consider and promptly respond to all reasonable offers. Come see make offer, get in on all the fun.
Property information
- Real Estate:
- Lease
- Lease terms:
- Base monthly rental is $3800
Other information
- Support & training:
- Available
- Reasons for selling:
- Retirement
- Furniture / Fixtures value:
- $50,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
related resources
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