Jul 1, 2020 — This is an excellent opportunity to purchase an established and profitable year-round motel and cottage business in the Lakes Region of New Hampshire. The property features meticulously kept units and a home on the property that can be used as an owner/manager’s home or as a home for an on-site manager. The business is ideal for a husband and wife team, partnership, current motel operator or investor. This property is located in a four-season tourist area and benefits with year-round cash flow.
The business and property, including $35,000 worth of furniture, fixtures and equipment, good will, non-compete agreement, reporting software, training during the transition to a new owner are available for an offering price of $975,000. The price to be allocated at $825,000 for the value of the real estate and $150,000 toward the value of the business.
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