Business Description

For sale is a motel and restaurant property built in 1978, owned for 3 years, with recent renovations including a new roof, washer/dryer, metal bedding, and updated bathrooms. The owner has concentrated on marketing efforts and securing contracts with local workers. The property offers the option to purchase the real estate as well. The business comes with a fully trained staff, with a monthly staff cost ranging from $12,000 to $15,000. The seller financing terms available include a down payment of 20-45%, interest rates of 6-7%, a 5-year balloon payment, and an amortization period of 25-30 years. Interested buyers are required to sign a confidentiality agreement to obtain the exact location of the property. With a focus on marketing and established contracts, this motel and restaurant business, with recent renovations and the option to purchase the property, presents an exciting investment opportunity. Seller financing terms make ownership accessible, requiring a down payment and offering favorable interest