Motel For Sale - Modesto, California
Ad/Listing Information
|
|
| |
| Status: |
Off The Market |
 |
| Location: |
Central Valley |
 |
| County: |
Stanislaus |
 |
| City: |
Modesto |
|
|
|
|
| Financial Information |
Detailed Information |
| |
| Price: |
$3,400,000 |
 |
| Down: |
$1,500,000 |
 |
| Revenue: |
Call/Email |
 |
| Adj. Net: |
Call/Email |
|
| Relocatable: |
No |
 |
| Home Based: |
No |
 |
| Real Estate Included: |
No |
 |
| Bkr To Bkr Coop: |
No |
|
| Franchise: |
Yes |
 |
| For Sale By Owner: |
No |
 |
| Asset Sale: |
No |
 |
| Lifestyle: |
No |
|
|

Description Of This Central Valley Motel Business For Sale:
|
After Franchise His Income Is Around 30,000 Per Month Without The 6,000 From The Rental.
Below Is Some Gross Monthly Income For The Motel. The Motel Has 59 Rooms We Took Over On March 12th 2007 And Started Doing Major Upgrades And Almost 2/3 Of The Motel Rooms Were Down For Last 5 Months.
Revenue:
1.) March 12th – 31st 12,500
2.) April 13,400
3.) May 15,500
4.) June 14,941
5.) July 16,919
6.) August 22,575 (We Got Franchised On July 31st)
7.) September Already Over 25,000
This Place Was Neglected For Last 20 Years And Was A Home For Homeless People Who Stayed Here For 600 Per Month. Here Are The Following Upgrades We Have Done To The Property
Upgrades Over 350K
1.) Everything Inside The Room Is Brand New I.E. Carpet, Furniture, 27’’ Tvs, New Shower Stalls, Paint, Fixtures, Pictures Etc.
2.) Outside Paint
3.) Pool Area Refinished
4.) Parking Lot Repaved
5.) New Lobby
6.) Breakfast Table Setup
7.) New Electronic Locks
8.) New Sign Of Rodeway Inn
9.) 25 Brand New Ac’s I'm In The Process Of Acquiring About 10 More
10.) New Valence & Curtains
11.) Microwave & Refrigerators
12.) High Speed Wireless Internet
13.) New Linen
14.) Website Development
15.) Google Marketing.
|

Motel For Sale And Central Valley Region Related Links:
Central Valley Regional News & Tips For Buying And Selling Businesses
 |
Bankruptcy Sale - 8 Locations - Sizzler Franchise Auction: Wednesday 2/29/12
National Franchise Sales has been retained by the bankruptcy Estates of FORBCO Management Corporation; FORBCO Sizzler Partners, LP; W&J Higgins Investments, LP and L&G Restaurants, LLC to sell eight (8) Sizzler franchised restaurants in Southern California on February 29, 2012. Call 949.428.0480 for more information. |
 |
Lee Petsas, Broker Chats About Deposits With Purchase Agreements - Tips & Guidelines
Lee Petsas, discusses purchase agreements when buying or selling a business in his new article on BizBen, "Rules And Guidelines About Deposits With Purchase Agreements". Lee discusses: How much consideration should I give as deposit? Are Deposits refundable and when? Cashing Deposits and Opening Escrow, Return of Deposit to Buyer, Why do we take a deposit from a buyer when preparing and executing a Purchase Agreement Contract? |
Central Valley Regional Upcoming Events
Central Valley Regional Businesses Wanted To Buy
 |
Buyer Seeks Northern California Materials Testing Laboratory
We are looking to start a materials testing lab in Northern California to increase our market share. Before purchasing new equipment, we are curious to know if there are any existing labs that may be in financial trouble and are willing to sell. The lab should be located in Northern California and be certified by both Caltrans and the Corps Of Engineers. For more info and contact details regarding this business buyer please log into your BizBen Account. |
 |
Buyers Seek Gas Station In Madera Or Fresno County - Have $250K For Down Payment
Business buyers seek gas station (with or with out real estate) in the Madera County or Fresno County area. Buyers consists of father and son team who will be operating business. Buyers have $250K for a down payment and home equity to collaterize the deal for SBA or owner financing. Gas station should have an adjusted net of $100K or more. If you have a gas station for sale that matches this criteria please contact these buyers immediately - log into your BizBen Account for buyers contact info and details. |
 |
Buyer Seeks California Food Or Beverage Manufacturer Generating Less Than $10MM In Sales
Buyer looking to purchase food or beverage manufacturer in California. Prefer a company that is in need of improved sales, marketing, and build out of distribution channels into additional markets and is generating less than $10MM in gross sales. Turnaround and distressed considered. Log into your BizBen Account for buyer's contact information and details. |
More Stanislaus County Information For Buying & Selling Stanislaus County Businesses
|
Motel Business Opportunity For Sale, Modesto, California, CA | BizBen
Email This Info To An Associate Or Friend
Let BizBen expert advisors
provide the support you
need to successfully buy or
sell a California business.
Let us help you create a
custom strategy:
 |
Advertising & Selling A Business |
 |
Searching & Buying A Business |
 |
Business Network Solutions |
 |
Need Assistance? 888-212-4747 866-270-6278

|
 |
Questions? Check out our FAQs. |