Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

Rapid Recovery Franchise Opportunity

National Property Inspections Franchise Opportunity

The Interface Financial Group Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Charming 24 Room Old - Florida Motel
Location: United States -> Florida -> Palm Beach
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

Very centrally located establishment that blends the warmth and charm of old Florida with the conveniences and services the modern day traveler expects. Located on a major east-west thoroughfare, it is only a short drive from the ocean, major golf courses, shopping, and entertainment centers. The motel has superior visibility and accessibility from the Florida Turnpike and I-95. Nestled in beautiful landscaping with a private large swimming pool, this charming 1950�s motel offers 24 rooms, including a live-in manager suite and office area.

The motel for sale provides a quite relaxing atmosphere in any of its cozy and clean rooms, located amid a sprawling landscape of gardens, patio/ barbeque, and pool. The motel offers a choice of 2 standard guestrooms, 10 efficiency suites, and 12 one-bedroom apartments with fully equipped kitchens. Most rooms open to pool and garden views. Every room features a private entrance, telephone, cable TV, air conditioning and 24 hours security. The Apartments have full sized kitchens including refrigerator and stove/oven. The efficiency suites all include a microwave and refrigerator. Most of the suites have two full sized beds. The standard rooms all have two full size beds for a cozy comfortable nights sleep for the whole family.

This 10,500 sq ft motel is situated on a 1.28 acre over-sized lot that affords future expansion and the addition of a new wing. Additional land is available for a buyer who may be interested in re-developing the motel on a site up to 2.6 acres. Very centrally located establishment that blends the warmth and charm of old Florida with the conveniences and services the modern day traveler expects. Located on a major east-west thoroughfare, it offers superior visibility and accessibility from the Florida Turnpike and I-95 it is only a short drive from the ocean, major golf courses, shopping, and entertainment centers. The motel has.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $600,000
Cash Flow:   $300,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1950
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  28 days.
Reason For Selling:  Retirement.




Print Listing Id: 70092049


Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


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 > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 70092049
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Locked: Slide to right then click Contact Seller.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.