UNDER CONTRACT-Motel, Restaurant, RV Sites, Apartments in Coos County
| Asking Price: | $1,550,000 |
| Gross Revenue: | $2,136,532 |
| EBITDA: | $542,492 |
| Established Year: | 2012 |
| Cash Flow: | $490,231 |
| Inventory: | $35,000 |
| Real Estate: | $650,000 |
***SOME OWNER FINANCING AVAILABLE***
This turnkey business has both local and tourist income year-round! From sightseers in spring, summer and fall, to the ski and snow-mobile tourists in the winter.
There is a restaurant and pub with a function room, 9 motel rooms and 3 rental apartments above. There are currently 12 RV parking spaces with several more being developed. It is in a very popular tourist area, has great year-round traffic and is currently open 6 days.
Note: Financials are seller-provided and not audited by Inbar Group ,Inc.
Owner financing available!!!
Purchase Price: $1,550,000
Cash Flow: $490,231
Gross Revenue: $2,136,532
Inventory: $35,000
Real Estate: $650,000 - ~5 acres +/- (Might be available. Incidental to the sale of the business. Subject to commercial appraisal. Not included in the selling price)
Employees: 23 FT, 8 PT
Payroll: $543,806/year
Founded: 2012
Reason for Sale: Retirement
