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Motel / Inn With Honeymoon Suites For Sale - South Lake Tahoe, California

Ad/Listing Information
 
Status: Off The Market
Location: Lake Tahoe Area
County: El Dorado
City: South Lake Tahoe
 
 
 
 
 
 
  
 
 
 
Financial Information Detailed Information
 
Price:      $3,200,000
Down:      $20%
Revenue:      Call/Email
Adj. Net:      Call/Email
Relocatable:      No
Home Based:      No
Real Estate Included:      Yes
Bkr To Bkr Coop:      Yes
Franchise:      No
For Sale By Owner:      No
Asset Sale:      No
Lifestyle:      Yes

Description Of This Lake Tahoe Area Motel / Inn With Honeymoon Suites Business For Sale:

This property has been undergoing extensive renovation to convert it into an ECONOLODGE. The renovation is almost complete the owners have spent Approx 600K in renovation. The new owner will not have to spend on renovation for atleast 5 years. The final inspection for the ECONO LODGE Franchise will be conducted on Dec 15, 2009. Currently Value Inn Suites And Cloud 9 Wedding Chapel Is Located On The Lake Tahoe Blvd In South Lake Tahoe Approx A Mile From The Lake And Heavenly Gondola Ski Resort. South Lake Tahoe Is A World Famous Skit Resort And A Most Sought After Tourist Destination Not Only For Ski But For Other Attractions As Well. The City Of South Lake Tahoe Has Demolished 300 Motel Rooms And They Are Building A Convention Ctr Near The Ca/Nv State Line Which Is 2 Miles From This Motel. There Is A Cap On Building New Motels In S Lake Tahoe. The Convention Ctr Will Tremendously Increase The Already Existing Motel Room Demand Which Will Benefit The Existing Motels And Will Increase Their Room Revenue Plus The Profit Margin. Value Inn Suites Has Honeymoon Suites With Heart Shaped Jaccuzzi And Fire Place In Room Besides Various Other Kind Of Rooms. The Property Has Two Single Storey Buildings And One Double Storey Bldg. In The Middle Is The Wedding Chapel Building Which Has Two Chapels Of 15 Seat And 50 Seats And Also Has A Reception Room Which Can Accommodate Upto 100 People. There Are Various Restuarants Next To The Motel And Across From It. Prime Location With Direct Access On The Hwy 50/Lake Tahoe Blvd. The Property Condition Has Improved Significantly. This Motel Has Great Potential And Will Be A Very Good Money Maker For A Serious Buyer. Please Contact DD Sharma At 707-365-9385 For More Info. The Motel Was Last Appraised By The Previous Owner At 3.6 Mil. All Serious Offers Will Be Considered As The Corporation Wants To Sell It As Quickly As Possible due to personal reasons.



Motel / Inn Business For Sale Photos
Motel For sale
  
Motel For sale

ElDorado County Business Opportunity For Sale

South Lake Tahoe Motel For Sale

Motel For Sale


Motel / Inn With Honeymoon Suites For Sale And Lake Tahoe Area Region Related Links:

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More El Dorado County Information For Buying & Selling El Dorado County Businesses


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

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