A Great Motel

Location: United States -> Virginia
Industry: Hotels and Holiday Accommodation > Motels

Businesses for sale Summary

Rural Retreat, Wythe County, Virginia. A Great Motel for sale on Highway 81. A nice one story brick motel with 18 units, 1 office, 1 Laundromat, 2 bedrooms & 2 bathrooms in owner’s apartment. Solid long time repeat clientele. Steadily growing business. We are off exit of I -81 on exit 54. Exit 54 is Lee Hwy (Route 11) and comes directly to us, the only Motel of town. We have many signs at strategic locations. Motel is s next to 24 hr. food and gas station, and truck stop. Best area for Camping, Fishing, Hiking. Hikers Route stops and exit at front of Motel. There are so many Car Races through out all year around. Hikers of the Appalachian Trail and other White Mountain trails, bikers, skiers, and climbers looking for clean affordable lodging use this hikers paradise when in the area.

Sportsmen are finding this area to be ideal for recreation. The streams are stocked by the oldest fish hatchery in the South. The State has stocked the vast Jefferson National Forest with deer, elk, bear, turkey, and other forms of wildlife. Nearby mountain trails offer the visitor a chance for pleasant journeys among some of the most beautiful scenery in the East. E-mail for Motel pictures. You can call at 609-234-5321 for more information. Support/Training: Available.

Additional Nearby Attractions.
– New River ? one of America’s Oldest rivers.
– New River Trail State Park.
– Early 1800 Historic Shot Tower.
– Wolf Creek Indian Village.
– Cedar Spring Trophy Trout Fishing.
– Big Walker Lookout.
– Galewinds- putt putt golf and go carts.
– State Trout Hatchery.
– Virginia Scenic Byway.
– Stephen F. Austin Monument.
– Appalachian Trail.
– Blue Ridge Parkway.
– Jefferson National Forest.
– Mt. Rodgers.
– Home of Dr. C. T. Pepper.
– Wythe Raceway.
– Hungry Mother State Park.

Financials

Asking Price Range:  $250K – $500K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  1980
Number of Employees:  1 – 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Available.