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Mom & Pop Motel in NW New Mexico

New Mexico (San Juan County)

Services - Hotels & Other Lodging

$Seller Financing Available

Asking Price $279,000 Inventory $1500* 
Gross Income $45,000 Real Estate $279,000* 
Cash Flow $7,500 Year Established 1952
FF&E $12,000* Employees 2

* included in the asking price

** not included in the asking price

Established 10 unit motel located on Main St in growing area. This is perfect for a live-in manager / couple. Pay your mortgage with revenues. Good cash business. This property was remodeled in 2002 and remains in good condition.

Facilities: 1200 sf managers home and 10 rooms. 2 are kitchenettes.

Competition: Corner Main St location. One of only three motels in town. Stable oil and gas and tourism area.

Growth/Expansion: Owner / Operator should do better with direct management.

Seller Financing Available: Yes

Financing: Can carry with 30% down and 3 year balloon.

Support/Training: As needed.

Reason Selling: Absentee Owner - new interests.

Business For Sale By

Mark Harvey

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