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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:      $250,000
Down:      $250,000
Revenue:      $440,000
Adj. Net:      Call
Relocatable:      No
Home Based:      No
Real Estate Included:      No
Bkr To Bkr Coop:      Call
Franchise:      Yes
For Sale By Owner:      Yes
Asset Sale:      No
Lifestyle:      No

Description Of This Central Valley Motel Business For Sale:

This Is A Franchised Motel And An Absentee Owner Operation, The Owner Works In The High-Tech Industry In The Silicon Valley. If Its Owner Operated The Motel Business Can Be Increased Substantially. Only Serious Buyers Contact Me And I Will Give You More Details.

There Are 2 Options To Buy This Motel

1. Lease Purchase 250,000 Just The Motel Sub-Lease
2. Motel Business With Real State 3,000,000 This Option Comes With A Cocktail Lounge & Car Stereo Shop Who's Aggregate Rent It 6,000+

Revenue:

1.) 2008 - 438,000
2.) 2009 - 315,000 (Ytd – September)

Expenses:

1.) Rent 19,500.00
2.) Payroll 5,832.00 (Includes Maintenance Guy)
3.) Insurance 1,100.00 (5 Mil Umbrella)
3.) Hotel Supplies 1,582.00
5.) Utilities 3,465.00
6.) Franchise Fee 2,100.00
7.) Misc 1,000.00

Upgrades Over 300K

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.) New Pool Pump
5.) Parking Lot Repaved
6.) New Lobby
7.) Breakfast Table Setup
8.) New Electronic Locks
9.) New Sign Of Rodeway Inn
10.) 30 Brand New Ac’s I\'m In The Process Of Acquiring About 10 More
11.) New Valence & Curtains
12.) Microwave & Refrigerators In All Rooms
13.) High Speed Wireless Internet
14.) New Linen
15.) New Soda Vending Machines
16.) New Granite Vanity With Under Mount Sink & New Faucets.

Marketing

1.) Website Development Http://Www.Rodewayinn-Modesto.Com
2.) Google Marketing Done Independently.
3.) Major Contracts With Travel & Tour Companies Below For 2010 & 2011 Season
A. Americantours International (Ati), Los Angeles:
B. Go West Tours, San Francisco:
C. Gullivers Travel Associates, Los Angeles
D. American Ring Travel, Santa Clarita
E. Fti
F. New World Travel

4.) Aaa Approval In Progress (Application Filed In July) Once Approved We Expect To Increase The Occupancy By At Least 10%
5.) Ten Direct Bill Accounts Which Give Regular Business
6.) Partnership With Seasons Catering (Banquet Hall www.gotoseasons.com ) Across The Street To Do Combined Marketing And Selling Of Rooms With Banquet Facility And Vice Versa
7.) Participating In Various Other Regional Marketing Through Choice Hotels.



Motel Business For Sale Photos
Modesto Motel For Sale
  
Modesto Motel For Sale

Motel Opportunity Modesto

Modesto Motel Selling

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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 Service Related Businesses For Sale

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

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Central Valley Regional News & Tips For Buying And Selling Businesses

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There are a handful of key asset categories in allocating or breaking down the purchase price allocation of a California business sale. The allocation is required to complete the transaction. In this blog & article Lee Petsas, business broker covers the most common used asset allocation classes in this article on allocation of a business sales transaction.


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Midas Franchise has listed numerous franchise resales on BizBen recently. Go to all Midas Franchise for sale - and see the most current list of franchise resales now available to California business buyers. No auto repair experience required. For more information you can also phone Barbara Korus at Midas at 877-890-5874 - check out the Midas list of California franchise resales before phoning her.


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Business Acquisition Financing Request Needs Accurate Cash Flow Earnings Explanation

What are the actual "provable" adjusted net earnings (cash flow) of a company being purchased and considered for business acquisition financing? Buyers will need to look carefully at tax returns and financial statements to determine the "real" adjusted net income or cash flow of the business being purchased - banks and financial institutions review these numbers carefully (and in many instances discount items that may be considered addbacks). If you are thinking of financing a business purchase you need to read this BizBen blog posting.


Central Valley Regional Upcoming Events

Upcoming Laundry Seminar - How To Buy A Northern California Laundromat - 2/16

Looking to buy a Northern California card or coin laundromat? PWS Laundry is presenting their next Northern California seminar Thursday 2/16. For details go to How To Buy A Northern California Laundromat Seminar - To RSVP call 650-871-0300.


Central Valley Regional Businesses Wanted To Buy

Motivated Business Buyer Seeks Home Health Care Agency Or Health Care Service

Buyer seeks home health care agency with an annual adjusted net income of $180K+. Ideally the business should be located in Southern California, but will purchase outside of Southern California if the right deal presents itself. Buyer has high credit score and is looking to purchase a business immediately, and has been pre-qualified for SBA financing. Contact buyer direct. For buyer contact info and details, log into your BizBen Account.


Business Buyer Seeks Insurance Agency, Insurance Brokerage Service

A buyer in the insurance business currently is seeking to add more business through acquisition and is looking for insurance agencies or insurance brokerages for sale. They prefer property & casualty but have interest in other areas as well. They are not interested in non-standard auto business. Their preference is gross commissions ranging from $50K to $500K. They prefer an Orange County location - but will look at other areas throughout California. This buyer is part of the Business Buyers Program within the BizBen Network. Go to insurance business buyer info for details about this buyer and their request.


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.


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.


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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