MOTEL FOR SALE- NEW ENGLAND B&B ON ACREAGE

24 days ago

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Internal Ref: 14878

Summary

Description: New England small B&B motel on acreage. Plenty of room to develop. Future growth region. Genuine vendor.Star Standard: 3½ star.Construction: Single level brick with clip-lock...

About the Business

Description: New England small B&B motel on acreage. Plenty of room to develop. Future growth region. Genuine vendor.

Star Standard: 3½ star.

Construction: Single level brick with clip-lock roof and brick wall partitions. Good medium sized units with small bathrooms. Units have recently been refurbished and repainted.

Residence: 3 bedroom with built-ins, plus extra self-contained unit for friends & family. Lounge/dining, bathroom, share kitchen, garage and private yard. Joins reception.

Age: Built early 1970's approx.

Clientele: Tourists, reps, passing trade, local workers, parents visiting their children at university.

Land Area: 5 acres.

Tariffs: Single $60 - $75; Double $75 - $80; Family (4) $120; Extra Person $10.

Chain Affiliation: No

Lease: No

Laundry: Full commercial. All linen done onsite.

Restaurant: No

Services: Breakfast & dinner to rooms, gas BBQ, DD phones, fire rated.

Turnover: 17/18 $166,392; 15/16 $150,749; 14/15$144,815

Occupancy: 55% approx.

Comment: Very tidy motel with acres on the outskirts of regional city. Highway frontage but setback for quietness. Presents well.

MQ Property ID:
845179


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