Motel and Cabins in Grafton County, New Hampshire
Grafton County, NH
| Asking Price: | $1,495,000 |
| Gross Revenue: | $356,000 |
| EBITDA: | $108,000 |
| Real Estate: | $750,000 |
| Cash Flow: | $225,000 |
| Inventory: | $5,000 |
| FF&E: | $60,000 |
| Established Year: | 1927 |
Listing ID: 2268821Listing provided by BizBuySell
BUSINESS DESCRIPTION
Grafton County, NH
Turnkey hospitality business operating seasonally for nearly 100 years. Awesome reputation with repeat clientele. Close proximity to family adventure parks and National Forrest. 22 units on 1.75 acres with river frontage. Excellent cash flow and CAP rate. Well maintained with significant owner re-investment in property and structures. Municipal water and sewer. Owner residence onsite with reception area is approximately 2,200 sq ft. Six month season provides ample opportunity to focus on other interests and hobbies.
DETAILED INFORMATION
Location
Grafton County, NH
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
9,031
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Newly renovated motel units with modern amenities and energy efficiencies. Online presence with effective website and social media outlet. Partnerships with online booking agents and efficient property management system in place. Large workshop and outbuilding storage for yard equipment and Yamaha golf cart.
Competition
Niche market largely unaffected by area chain hotels. Site amenities offer a communal experience for guests with opportunities to socialize and interact. Consistently high ratings compared to competitive set of area businesses in *Property Condition and Facilities, *Amenities, and *Staff & Service. Greater than average *Guest Reviews and *Length of Stay.
Growth & Expansion
12+ year history of year over year increasing gross revenues.
Robust and growing repeat customer base.
Consistently positive customer reviews on social media.
Geographic location ideal for 2-5 hour travel from many New England and Canadian metropolitan areas.
Financing
Possible partial seller financing.
Support & Training
One week onsite systems orientation and training.
Seller available for phone consultation about operation of business, equipment and/or real estate for up to two months .
Reason for Selling
Retirement
Home-Based
This business is Home-Based
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