Services - Hotels & Other Lodging | Services - Other Personal Services

Asking Price	$650,000	Inventory
Gross Income	$220,000	Real Estate	$635,000*
Cash Flow	Not Disclosed	Year Established	1968
FF&E	$80,000*	Employees	owner and wife

* included in the asking price

** not included in the asking price

A long established motel serving a fast growing community located on the crossing of maajor East West--- North South Interstate routes. This downtown facility is close to the fairgrounds, city center, several restaurants, shopping and more.

Facilities: 2.6 acres improved with 34 unit motel and paved parking plus approximately 1 acre graveled truck and rv parking area. Recent room renovations have up-graded a significant portion of the rooms and units look good, are clean and inviting.

Competition: There are five motels in this city. This facility appeals to the blue collar, cost conscious customer. Rates are considerably less than the nearby up-scale accommodations.

Growth/Expansion: Advertisement and acceleration of promotional efforts are about the only way to get a larger share of available business. This type of activity has been minimal the past few years.

Financing: cash or best offer

Support/Training: Two weeks

Reason Selling: Owner wants to move from area.