Restaurant with Motel and Bakery Shop
Featured on BusinessForSale.com . 18 viewed

Asking Price
$1,250,000
Detailed Information
Business Description
This long-standing restaurant and motel establishment, in operation since 1993, is conveniently situated just off a major Interstate highway, attracting both local patrons and tourists. The restaurant boasts a seating capacity of 30 in the main dining area and an additional 90 in a flexible back dining room suitable for regular dining or private events. Additionally, there is an off-site bakery shop that sells baked goods from the restaurant. The well-maintained motel consists of 9 units, often operating at high occupancy rates, with an owner's suite featuring 4 beds and 3 baths. The business is being offered at an asking price of $1,250,000, with a reported gross revenue of $1,413,000 and a cash flow of $552,345. The sale includes furniture, fixtures, and equipment valued at approximately $80,000, as well as inventory estimated at around $50,000. The real estate, valued at $750,000, is not included in the sale