November 21, 2009
 
 
Motel  •  $5,999,999

Location: Merced
Seller: Armina Paik
Phone: 650-464-1148, 650-515-5923
 
 
About This Business
BizBen Ad #: 103246
Status: Available
Start Date: 11/17/09
Last Revised: 12/31/69
Location: Merced
County: Merced
City: Merced
Contact Information
Seller or Contact: Armina Paik
Primary Phone: 650-464-1148
Alternate Phone: 650-515-5923
Email: armina@eminc.net
 
 
Financial Information
Asking Price: $5,999,999
Down Payment: Call/Email
Annual Cash Flow: Call/Email
Annual Revenue: Call/Email
Detailed Information
Franchise: Yes
Relocatable: No
Home Based: No
Real Estate Included: Yes
Broker To Broker Cooperation: Yes
 
 
Business Summary
Gross : 850,000 A Yr. But This Year Will Be Lower Because Of Bad Economy!
Pg & E : 1200
All The Expenses : 350,000(Include Payroll----About 40% Of Gross Sale)
Pay Roll : 20,000
Net : 500,000 A Yr.

*gas For Water
*electric Heater
*lot :2.8acre
*1hr From Frezno 9right Off From Hwy 99)
*80 New Rooms (25single Bed + 55 2beds Rooms)
*franchise : 8%
*semi Absentee Owner Or Absentee Owner
*pool
*motel Price : 6,300,000

** 16 Apt Units---Now Empty!
**1.2acre.Can Convert To Condo Or Apt Building! (Very Good Investment Property)
*price Is Include Motel +Property+16units Empty Apt!(Excellent Deal).