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#Business ID: 11337

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Profitable Motel with Excellent Cashflow, SW Iowa

Business Location: Iowa, United States

Asking Price: $ 279,000 Revenue: $ 116,000 Cash Flow: $ 85,000

Business Summary

12 room motel for sale.

Profitable motel with excellent cash flow. Sales $116,012 net income $85,161. Good earner. Grow your income, preserve your capital, work from home, and enjoy a nice quality of life.

Perfect for semi retired or young couple just starting out. Profitable and very manageable by a couple.

The building (1994) is in very good condition, with a new roof as of Sep. 2011. This is a stable, profitable motel with good room rates, fairly low expenses, that does as well as some bigger motels. One big advantage of that motel is the interior corridor.
It is a must in the Midwest. It makes for easier winter days and cool summer days. The Iowa economy is agricultural and has improved greatly.

This motel has a very nice private 2 bedroom apartment, with open floor plan, is very bright, and has a large deck.

The motel is located at the entrance to Stanton, from highway US 34. There is a restaurant / gas station nearby. Stanton is a progressive safe community, with good schools, a nursing home, and is close to Viking lake state park. The STANTON INN MOTEL is 6 miles East of the county seat Red Oak, about 1 hour from Omaha NE.

We have a diverse customer base, and a lot of repeat business. We have the best rates/quality in the region. No owner financing, Cash to seller.

Property Details

Property Type:

Real

Other Business Details

Business Location:

Located of US 34 6 miles east of Red Oak, IOWA

Living Accommodation?

Nice, private 2 bedroom apartment with a large deck.

Miscellaneous Details

Reason For Selling:

Ready to retire.

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