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MOTEL - HOUR FROM CHICAGO - OWNER FINANCE

Seller: Attn: Jeff Highfill
Location: East Central Illinois, IL, USA
Listing Number: "ABB005-160"


Asking Price: $499,000 USD USA Dollars
Industry: Services: Hotel, Motel, Lodging
Yearly EBITDA: $NA
Yearly Gross Income: $NA

Overview of the Business:

Owner will finance with $150,000 cash down. This motel has 22 rooms total and sits on 2 acres of land. Six of the rooms were built new in 1999. There is plenty of space to build more if you want to. Most of the motel is brick except the newer six rooms. Both of the buildings have parking by the door. There is semi parking in the back. The heating and A/C units are all in great shape. The yearly revenue for 2007 was $173,000. The yearly revenue for 2008 was $164,000. This is a very high profit motel since the expenses are so low. It is located off the Interstate. The owner has had for about 20 years and is ready to retire. No room is priced under $45.00 a night. You better call today because this will sell fast.


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