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Turnkey, Lodging & Storage on 54 Hwy

Wheatland, MO
3 Suites
3 Suites
Asking Price:$469,000
Established Year:2021
FF&E:$20,000
Listing ID: 2308314Listing provided by BizBuySell
BUSINESS DESCRIPTION

Walking distance to the Lucas Oil Speedway.

Location Location Location! This property is located in Wheatland Missouri directly across from the famous Diamond of the Dirt race track - Lucas Oil Speedway. The business includes 3 suites that rent by the night, custom built in 2021. Each suite is fully furnished with 2 bedrooms, 1 bathroom, kitchen, dining room and living room. There are 12 storage units that range in size and rent by the month. Housekeeping/laundry room located onsite. This property is a favorite of race fans as they can walk or drive golf carts from their suite to the race track and have a front row view of all the racing teams and fans coming and going from the speedway. Reservations are booked by many return guests a year in advance. There is a spacious parking lot. Only half of the lot is developed, there is plenty of space for additional buildings or rental slots for RVs, boats and trailers. Now is the time for transition, you'll want to be ready for the 2025 racing and lake season! Checkout the website for more photos and information about the business.

DETAILED INFORMATION
Location
Wheatland, MO
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
4,900
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Sale includes land, buildings, furnishings, signage, marketing ads, customer database, website, online reservation system, Airbnb profile, 2025 suite reservations, current monthly storage unit rental customers. No historical financials/P&L available.
Competition
High traffic location on busy Hwy 54. Lucas Oil Speedway visitors are the primary customer base. Pomme de Terre lake visitors are the second largest customer base. The county/city is under developed in the Lodging industry. This is a prime location to build out additional lodging units.
Growth & Expansion
The current building occupies 1/2 of the land. Expansion would be welcomed by the local community, racing fans, lake visitors and transient guests. The Suites sell out for every race, demand exceeds supply.
Support & Training
Owner will provide complete walk through and hand off of all physical property and online services. Owner is available for remote support ongoing as needed. 1099 Housekeeper willing to stay.
Reason for Selling
Moved out of state.
BUSINESS LOCATION
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Lisa Mooney
Phone Number
Lisa Mooney
Call Phone