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Businesses for Sale: Listing Details

 
SLEEP INN IN EAST TENNESSEE
Seller: Attn: Joseph Grieco
Location: East Tennessee, TN, USA
Listing Number: 652224093


Asking Price: $3,800,000 USD USA Dollars
Industry: Services: Hotel, Motel, Lodging
Year Established: 1994
Yearly Net Profit: $259,000
Yearly Gross Income: $550,000

Overview:
Beautiful interior corridor motel recently remodeled with 57 rooms. Located on a major US highway convenient to local attractions, restaurants and businesses. Gross Annual Income-$550,000. Annual Operating Expense-$290,900. Net Operating Income-$249,100. New Air Conditioner. Rooms have new Furniture, Carpet, Paint, and Wallpaper.

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