Established Franchises - Business for Sale Details

(PA) MOTEL, FLAGGED, 65-UNITS,EXT., NEAR DILLON,SC

Seller: Attn: Chandra Shah

Location: Near Dillon / Dillon, AL, USA

Listing Number: "PA"

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Asking Price:	$2,600,000 USD USA Dollars
Industry:	Services: Hotel, Motel, Lodging
Reason for Selling:	Owner is moving out of state
Yearly Revenue:	$762,000
Yearly Cash Flow:	$311,902
Yearly EBITDA:	$NA
Yearly Gross Income:	$NA

Overview of the Business:

(PA) Motel, Franchised, 65-units, Ext., near Dillon, SC, I-95-exit. Asking: $2.6 million, Average Gross: $762,000. City & Interstate business. High Potential Flagged Exterior Corridor Motel on I-95 exit is a great value. Generates both Interstate and City business. Average Annual gross is about $762,000. Property has been completely renovated with a capital expenditure of about $507,425 since 2003 when the current owner acquired the property. No major punch list is expected for the buyer. Total Cash flow in 2008 before Interest, Depreciation and Amortization - to service loan payment was: $311,902.

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