Summary
- Asking price:
- $150,000 (Furniture / Fixtures included)
- Sales revenue:
- Available on request
- Cash flow:
- Available on request
- Business closed / Asset sale:
- Yes
- Years established:
- 30 year old w/newer 8 unit addition
- Employees:
- 1
12 unit Mississippi River Motel
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Business description
This motel consists of 2 buildings on common real estate. 8 units in one building and 4 in the other. The lower units suffered flood damage but the business is an easy rebuild. All damage has been removed and ready for new insulation, dry wall and carpet. The motel is within 150' from the Mississippi River and is located in Keithsburg Illinois. Other businesses available....bank building, gentlemans club, 4-unit retail stores and an 'executive retreat' w/a 12 stall garage (really, really nice). Owner is motivated to sell any or all.
Property information
- Real Estate:
- Real Property Included
- Living accommodation:
- Managers quarter can be remodeled and expanded...1st or 2nd floor.
- Location:
- Small town living and on the Illinois side of the Mississippi River....million $ view!
Other information
- Expansion potential:
- Lots of room to expand!
- Competition / Market:
- NO competition within 20 miles!
- Support & training:
- Owner will support as required
- Reasons for selling:
- Health and early retirement....owner is motivated.
- Trading hours:
- 24/7
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- Owner will finance with a strong experienced buyer....will discuss ALL offers.
- Furniture / Fixtures value:
- $4,000 (included in the asking price)
- Inventory / Stock value:
- $500
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.