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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:

All Hotel-Motel Businesses For Sale

All Motels For Sale

See All Related Business For Sale Listings

All Travel & Recreation Related Businesses for Sale

Stanislaus County Business Opportunity Listings, Businesses For Sale, Franchises For Sale

Modesto Business Opportunity Listings, Businesses For Sale, Franchises For Sale

Central Valley Area Business Opportunity Listings, Businesses For Sale, Franchises For Sale

All Sunny Sidhu Listings For Sale

Looking For A Specific Type Of Business (Location) For Sale? Place A Business Wanted To Buy Request On BizBen

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More Stanislaus County Information For Buying & Selling Stanislaus County Businesses


Stanislaus County Resources - Services Needed When Buying/Selling A Business
Stanislaus County Business Brokers - Brokers & Agents That Service Stanislaus County
Stanislaus County New Franchise Opportunities - New Start-Up Franchises Available
Stanislaus County Franchise Resales - Established Franchise Resales For Sale
Stanislaus County New Business Opportunities - Opportunities, Licensing Ventures

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