- Advert ID: 641914
- (Seller ref: Woburn788)
Oceanfront Motor Lodge, w/Exclusive Owners Residence For Sale
- Location:
-
- United States
- > New England
- > Massachusetts
- > Coastal Massachusetts
Listed by:
- Add to your shortlist >>
- View your shortlist >>
- Email alerts >>
- Email this advert to a friend >>
- Print this advert >>
Summary
- Asking price:
- $2,700,000 (Furniture / Fixtures included)
- Sales revenue:
- $170,036
- Net profit:
- $94,958
- Years established:
- 8 years
- Employees:
- 1 Part Time
Business description
Coastal Massachusetts 8 Room Hotel w/Gorgeous Detached Owner's Residence. Real Estate included in sale price is valued at $1.75MM.
Absolutely UNMATCHED location in one of Massachusetts quaint coastal communities. It is literally not possible to be any closer to the water than this! Owner's residence includes 3 bedrooms on two levels of living, with unrivaled views.
Wake up every morning staring at the Atlantic ocean! Hotel has very strong seasonal occupancy with steady weekend business in the spring and fall. Current performance reflects a 6 month operating season and could be improved by returning to hotel's historical pattern of being open 9-10 months per year and/or by raising rates to market levels.
Additional retail space currently vacant provides a number of options for a new owner. Victualer's license is in place if new owner wishes to add food service to create additional income stream.
Property information
- Real Estate:
- Real Property Included
- Location:
- Included in sale price
Other information
- Support & training:
- Seller will provide training
- Reasons for selling:
- Retirement
- Trading hours:
- Monday-Sunday, Seasonal
- Financing available:
- Seller will negotiate financing
- Furniture / Fixtures value:
- $50,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- United States
- > New England
- > Massachusetts
- > Coastal Massachusetts
Other buyers are looking to buy a business like this in Business Wanted >>
selling your business?
If you own a business and are considering selling, visit our Sell Your Business section.
BusinessesForSale.com recommends
- HOW TO BUY A GOOD BUSINESS AT A GREAT PRICE
- 100s of strategies & techniques to help you find & buy the right business.
-
- Click here for more
- BUSINESS WANTED
- Reach sellers looking for a business buyer by placing a Business Wanted advert.
-
- Business Wanted
- BUY A FRANCHISE
- If you’re a first time buyer then buying a franchise can be a smart way into business.
-
- Browse hundreds of Franchise Opportunities
