FRANCHISED MOTEL NEAR SAN DIEGO
Seller:
Attn:
Jacob Berenfeld
Location:
Not Disclosed, CA, USA
Listing Number:
"550-262"
Overview of the Business:
Recently remodeled franchised motel around 15 miles inland from San Diego, off Interstate 8, with easy access to the following 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 is 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.
Additional Details:
Contact this Seller
To contact the seller of this specific business for sale please complete and submit the following form. *All fields are required.