Profile: Franchise Motel Is Located On Very Busy Highway I-5.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Ajay Singh, Agent
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| Primary Phone: |
408-307-8201 |
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| Alternate Phone: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
9/3/08 |
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| Date Last Revised: |
9/3/08 |
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| BizBen Ad #: |
122929 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$2,290,000 |
| Down Payment: |
$20% |
| Annual Revenue: |
Call/Email |
| Annual Adjusted Net: |
Call/Email |
| Price Range: |
Over $2 Million |
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| Franchise: |
Yes |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
Yes |
| Bkr To Bkr Coop: |
No |
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Description:
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This Franchise Motel Is Located On Very Busy Highway I-5. Major Highway Exit For Multiple Business Strip Center And Close To Many Casino's.
Average Gross Sales 450K .
Average Room Rate 50-55.
Weekly Rate 65.
Occupancy Rate 65-70%,
40 Rooms, 2 Story, 1 Manager Apartment, All Rooms Are Indoor.
Lot Size: Approx 2.36 Acres
Loan Can Be Assumable,
Pg&e Bill Is 23,000 Annually.
Water Is 16,000 Annually .
New Water Heater, Copper Plumbing.
27 Rooms Double Full Size, 13 Single Queen Bed, All Have Microwave,refrigerator,tvs -- 27 Inch, Coffee Pot.
New Pavement Summer 2006. December 2007 All Rooms Painted. Extra Lot In Back For Truck Parking.
Nearby Business-- Denny's, Burger King, Mcdonalds,etc., New Strip Center -- Starbucks, Subway Etc. Property Is Clean & Well Maintained.
Please Read: Confidentiality Is Extremely Important To The Current Owner. Hence All Prospects Must Complete A Confidentiality Agreement And A Buyer Profile.
Please Fill Out Email Form Below For Disclosure & Details On Biz.
Please No Agents And Brokers.
Thanks.
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Disclaimer:
This Information Has Been Supplied To Broker/Agent By Seller. Broker/Agent Expressly Disclaims Any And All Liability For Representation Of Warranties, Expressed Or Implied, Contained In Such Information, Or For Omissions From Them. Broker/Agent Believes Such Information To Be Correct, But Has Not Verified Or Checked It. Any Agreement Or Decision By Buyer To Pursue A Transaction Regarding This Business Should Be Based On Further Investigation By The Buyer And With Their Legal Financial Advisers.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Ajay Singh, Agent at 408-307-8201 |
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