Motel In Northwest Oklahoma

Location: United States -> Oklahoma
Industry: Hotels and Holiday Accommodation > Motels

Businesses for sale Summary

Motel in northwest Oklahoma. Property Is divided into two lots; one is 1.1288 acres and the other is 3.4545 acres. 50 room motel with recent renovations (new roof in May 2008 and all rooms carpeted in 2006 and painted inside and out in 2008) and expansion (in 2006) located next to a very popular state park. No competition; only motel within 30 miles. Financial information is annualized base on 10 month statements. Refer to file #63594DS. Please respond with your name, mailing address and telephone/fax number(s) so we may send a confidentiality agreement.

Financials

Asking Price Range:  $2.5M – $5.0M
Gross Revenues:   $432,006
Cash Flow:   $94,304
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1973
Number of Employees:  10 – 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Negotiable