Profitable Hotel in Upton, WY

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Profitable Hotel in Upton, WY

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Location: Upton, Wyoming
Industry: Income/Investment Properties, Hotels & Motels

 

Great Opportunity! Could pay for itself very quickly
Asking Price
$350,000
Annual Revenue
$150,000
Annual Profit
Not Disclosed
FF & E
$45,000
Inventory
Not Disclosed
Year Founded
1978
Number of Employees
1-10
Website
 
Reason For Selling
Retirement
This business is not relocatable.
This business is not home based.
 

Description of Business:

This hotel has 23 rooms. It is running almost full most of the time. Grossed $19k last month. This is an area that is rich in minerals and there are lots of coal miners, oil & gas jobs as well as many other high paying jobs. Not a lot of housing so it helps the hotel stay full. There is only one employee which is the manager. The manager can do everything to maintain the hotel.


Property Information:

The building is 298 ft. long. 23 rooms. Built in 1978. Well insulated. Fridge & Microwave in every single room. A lot of money has been put into this building. Newer roof in the last 6 yrs. New steel siding about 8 yrs ago. New ice machine. New carpet in all the rooms. Brand new washers & dryers. Brand new towels. Good to very good condition.


Competition and Growth Potential:

IT'S THE ONLY MOTEL IN TOWN!!! No Competition! The only reason for selling is owner is retiring! Cashing out and moving on.


Financing Options:


Qualified buyers or cash buyers only.

 


Support and Training:

Up for discussion.

 

VIEW FULL LISTING HERE

 

 

Seller or Broker Info:


Businesses For Sale
307-689-9035

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Topic:
Real Estate General Information
Location:
Wyoming Weston County Upton
Groups:
Posts to Localism
Tags:
profitable hotel for sale in upton wy

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