- Advert ID: 715339
- (Seller ref: 550-262)
Franchised Motel Near San Diego For Sale
- Location:
-
- United States
- > Pacific
- > California
- > California - South
- > San Diego
- > San Diego
Listed by:
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Summary
- Asking price:
- $3,750,000
- Sales revenue:
- $500,000
- Net profit:
- Available on request
- Franchise opportunity:
- Yes
- Years established:
- 49
Business description
Recently remodeled franchised motel around 15 mi inland from San Diego, off Interstate 8, with easy access to the followng attractions: San Diego State University, Barona Valley Ranch Casino, Viejas Casino & Outlet Center, Sycuan Casino, Westfield Parkway mall. Guests are just minutes away from San Diego Zoo, Sea World, Old Town and Seaport Village.
This motel was flagged in early 2008 and they spent around $200,000 on renovation. Actual listing on franchise web site kicked in only in April 2008. Because it's a new flag, you know that everything is per current franchise requirements. The motel has 43 rooms, plus manager's quarters, exterior corridors. After getting a flag the sales is around 150% comparing to the same time last year. As you know, full benefits of getting a flag will show up in 1-2 years, so there is plenty of room to grow.
Please reply if you're a principal buyer with at least $1.5 million down payment, otherwise you won't be able to qualify for a loan.
Property information
- Real Estate:
- Real Property Included
Other information
- Reasons for selling:
- Partnership split
- Trading hours:
- 24-7
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.
need to search again?
- United States
- > Pacific
- > California
- > California - South
- > San Diego
- > San Diego
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