Asking Price: $1,995,000

Gross Revenue: $718,035

Business Description

Over 125 rooms motel with swimming pool, banquet hall and owner’s suite!

Nicely maintained, established independent motel for sale within 30 min drive from Fayetteville and 1.5 hours drive from Raleigh, North Carolina. Good opportunity for absentee-owner or semi-absentee owner living in the Raleigh-Durham-Chapel Hill market (“The Triangle”) for a constant stream of revenue.

*** Serious inquiries only. Confidential offering, showings by appointment.***

For more details, “Coming Soon” listings, or to list your own business for sale, please call Madhur Gupta at (919) 428-9840.

Information in this listing has been provided by the seller and third parties, and is subject to change without notice. Buyer must independently verify this information, and we assume no responsibility for its accuracy or completeness.


Detailed Information

Real Estate:

Owned

Growth & Expansion: Turnkey operation. Immediate revenue upside potential – add a restaurant, use banquet hall for weddings, parties and events, sales and marketing efforts. Motel can be reconverted to a franchise hotel.

Financing: Seller financing available with a minimum down payment of $665,000.

Reason for Selling: Retirement

Leave a Reply

Your email address will not be published. Required fields are marked *