Franchise Motel Is Located On Very Busy Highway I-5.
http://www.bizbuysell.com/cgi-bin/addetail?p=0&n=a&ss=1&k=franchise&s=CA&sort=asking&sorder=1&county=&pfrom=&pto=&tab=eb&i=&q=382056
$2,290,000
Ajay Singh
408-307-8201
Franchise Motel Is Located On Very Busy Highway I-5
This Franchise Motel Is Located On Very Busy Highway I-5. Major Highway Exit For Multiple Business Strip Center And Close To Many Casino's. Average Gross Sales 450K . Average Room Rate 50-55. Weekly Rate 65. Occupancy Rate 65-70%, 40 Rooms, 2 Story, 1 Manager Apartment, All Rooms Are Indoor. Lot Size: Approx 2.36 Acres Loan Can Be Assumable, Pg&e Bill Is 23,000 Annually. Water Is 16,000 Annually . New Water Heater, Copper Plumbing. Contract With Usf Reddaway Trucking. They Are Usually Their Tues-Sat., But They Don't Come Sunday & Monday But They Do Pay For The Whole Week. 27 Rooms Double Full Size, 13 Single Queen Bed, All Have Microwave,refrigerator,tvs -- 27 Inch, Coffee Pot. New Pavement Summer 2006. December 2007 All Rooms Painted. Extra Lot In Back For Truck Parking. Nearby Business-- Denny's, Burger King, Mcdonalds,etc., New Strip Center -- Starbucks, Subway Etc. Property Is Clean & Well Maintained. Please Read: Confidentiality Is Extremely Important To The Current Owner. Hence All Prospects Must Complete A Confidentiality Agreement And A Buyer Profile. Please Fill Out Email Form Below For Disclosure & Details On Biz. Please No Agents And Brokers. Thanks. *************************************************************************** Disclaimer: This Information Has Been Supplied To Broker/Agent By Seller. Broker/Agent Expressly Disclaims Any And All Liability For Representation Of Warranties, Expressed Or Implied, Contained In Such Information, Or For Omissions From Them. Broker/Agent Believes Such Information To Be Correct, But Has Not Verified Or Checked It. Any Agreement Or Decision By Buyer To Pursue A Transaction Regarding This Business Should Be Based On Further Investigation By The Buyer And With Their Legal Financial Advisers.
Financing: SBA With 25% Down
Thursday, May 1, 2008
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