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.
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.
Qualified buyers or cash buyers only.
Support and Training:
Up for discussion.
VIEW FULL LISTING HERE