Business For Sale Listing 139356
Established Motel & Owner House For Sale
Status as of Sep-6-2008 at 06:01 PM: Active
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Business Summary
Independent Family Owned Motel Complete With Owners House For sale For $835,000. This Motel has been well established since 1987. This is a perfect business for a family or a husband & wife team. The motel comprised of four efficiency rooms, four large suites with full kitchens, a cottage (which is one of the newer additions) plus a 2 bedroom apartment. Finally there is a 3 bedroom owner's home with one & a half baths & updated cabinetry & an attached motel office. The property is all on 5 acres of land that is partially wooded with plenty of room for expansion. This would be an opportunity to add more cabins or create a camping ground. The views from all of the property are serene & spectacular. Great fishing, hot tubs, mountain views--what more do you need! Beautiful location with 5 acres of property overlooking a large pond in the mountains of North Carolina. Easily accessible, this motel is between Asheville & Chimney Rock on scenic Highway 74A. This area has always been very popular with tourists visiting such attractions as Biltmore House & the Blue Ridge Parkway. Great place to settle & raise a family. No concerns about competition, the nearest competitor is 8 miles away. Owner is looking forward to enjoying retirement. Call for more information.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand (120,000) |
| Profits: |
Under $100 Thousand (75,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Between $500 Thousand and $1 Million (835,000) |
