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Family - Owned Motel, Restaurant, And Lounge
Location: United States -> Colorado
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

Family-operated motel, eatery, and bar available for purchase in the northeastern region of Colorado!

This lovely family-owned motel, restaurant, and lounge has been welcoming guests since 1977, under the current ownership since 1990. The current business owner is willing to offer a reasonable transition period post-sale to aid the new buyer in a seamless ownership transfer. With its relaxed ambiance, strategic location, and loyal clientele, this is the perfect business to take charge of. An ambitious entrepreneur can capitalize on the existing relationships and propel this business forward. The motel provides a variety of traveler-friendly amenities, such as well-appointed guest rooms with kitchenettes and air conditioning. The restaurant and lounge offer a diverse selection of American cuisine and beer. Situated in northeastern Colorado, the business benefits from high visibility and ample space for potential expansion. This prime location paves the way for sustained success. With a solid market presence, strong brand recognition, and stellar reputation, the business continues to attract and retain a growing number of satisfied customers and referrals daily! Reach out today to discover more about this amazing opportunity and the promising future it holds! Assets are to include approximately $30,000 in average inventory, $850,000 in Building & Property, and $450,000 in F/F/E. Ask for this ''FOR SALE BY OWNER'' PORTFOLIO #0073


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $370,609
Cash Flow:   $134,061
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $480,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1977
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned




Print Listing Id: 700393979


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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Colorado Businesses For Sale > Colorado Franchises For Sale > Colorado Business Brokers



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