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Details - Information last confirmed on October 20, 2020
Great investment in a high tourist area! Operating successfully for over 45 years, this business has earned an outstanding reputation for their prompt service, clean, comfortable rooms, great amenities, helpful staff, convenient hour’s great location and competitive prices. This motel offers up to date amenities, attached living quarters, clean and well-maintained grounds, cable TV, and more! This profitable business is located in a high traffic area for great exposure in north-western Wisconsin. They offer spacious parking, a garage and a playground area. All of the rooms have been completely renovated and furnished with modern amenities and appliances. NO MAJOR CAPITAL INVESTMENT RIGHT AWAY AS THIS MOTEL IS WELL MAINTAINED! The living quarters are located on the same property. There are 5 bedrooms and 2 bathrooms. New construction is happening all around and motel. Rooms are in high demand. The occupancy rate for each room is typically over 300 nights per year. This creates an exceptional opportunity for an ambitious entrepreneur who is seeking an established motel so that they can capitalize on the future growth that is occurring. The potential that this business has is only limited by the new owner’s vision, passion, skill, and work ethics. Inquire today to learn more about this thriving business and the future that it holds! Assets are to include $500 in Average Inventory, $61,000 in F/F/E and $691,600 in Buildings & Property. Ask for the "FOR SALE BY OWNER” PORTFOLIO #0273
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