Business For Sale Listing 139049
Motel with Cabins In Upstate New York
Status as of Sep-7-2008 at 06:01 PM: Active
Other listings you might like...
Business Summary
Twelve Room Cabin Motel in Upstate New York for sale for $699,995. Independent family owned & operated motel nestled in 10 acres of beautiful woodland & open all year round Motel offers 12 good sized rooms, some luxury & 3 efficiencies with own kitchenette comprising of sink, microwave, toaster, coffee maker & refrigerator with small freezer compartment. Most rooms have 2 double beds, color T.V. & DVD player, en-suite bathroom & refrigerator. 6 cabins have fully fitted & equipped kitchens. The lounge area has a T.V. & DVD player. 1 & 2 bedroom cabins can sleep between 2 & 6 people. Onsite restaurant & bar are open Monday, Tuesday, Wednesday nights from 7:00pm for the bar & bar snacks & Thursday, Friday & Saturday Nights from 5:00 pm for delicious home cooked meals. There is an open ended extension to the bar & restaurant & the tackle store. Motel staff consist of 2 full time staff (husband & wife team ) & 4 part-time staff. The motel is well established & has been in operation since the early 1960's. This is the only motel in the area for 15 miles in any direction & the best priced with bookings for the next 5 years! The net profit figure of $100,000.00 is projected for 2008 based on current bookings. Owner will consider selling the Restaurant, Bar, Tackle Shop & one luxury two bedroom cabin separately for the asking price of $350,000. This is an Upstate New York Property. Over four hundred miles away from the hustle & bustle of New York City. Here, there are over ten acres of prime location overlooking the magnificent St. Lawrence River. This region of upstate New York is often referred to as the land of a 1000 sunsets & they can be clearly seen from the grounds of this motel. The motel has the only commercial dock on the St Lawrence River between Massena & Ogdensberg (a distance of 35 miles) & another dock on the back-bay adjacent to the motel. Both docks are an enormous benefit to the sporting visitors who stay at the motel. Contact for more information.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand (200,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (100,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Between $500 Thousand and $1 Million (699,995) |
