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Business for sale in Mississippi
Sunbelt Business Brokers of Greater Louisiana
Company Details: Sunbelt Business Brokers of Greater Louisiana
Agent Detail: Kenneth Janet

18 Unit Motel Business For Sale in Southwest Mississippi

 
Sellers Ref: (N2035)
Location: Mississippi -Southwest Mississippi
Category: Hotel Motel B and B
 
Financial summary
Asking Price: 550,000
Sales revenue: $ 205,000
Net profit: $ 80,000
Furniture/Fixtures value: $ 75,000
Inventory/Stock value: Undisclosed
 
Business description

            This 18 unit motel business for sale located in Southwest Mississippi is in a prime location to benefit from the Tuscaloosa trend shale gas oil boom in the Southeast region of the United States.  The motel property for sale consists of 18 units, 1 apartment behind the office (can be used by an owner-operator, manager, or leased to a tenant), 6 mobile homes, and 6 RV spots.  Total acreage is approximately 2.6 acres, and is found next to a popular bar and lounge.    The property fronts a major US Highway, and is highly visible and easily accessible from the road.

            This motel business for sale is found in Southwest Mississippi, right on the edge of the Tuscaloosa Marine Shale Trend, an area rich in enormous amounts of hydrocarbons.  With the recent advent of shale “fracking”, this area has tremendous potential to bring in a number of oil and gas contract workers with families, many who will need a temporary place to live while working.  This is the perfect opportunity to cash in on a high growth sector. 

            Seller is ready for retirement and wishes to quickly divest of this motel business for sale in Southwest Mississippi.  Seller will train the new owner on this very easy to own and operate business.  Seller is open to substantive offers and will seriously consider and promptly respond to all reasonable offers.  Seller will consider some financing to a qualified buyer with a reasonable down payment.  Come see the tremendous potential in an already successful motel business for sale in Southwest Mississippi, meet the owner, make offer. 

 
General Information
Years established: 1995
 
Other Information
Support Traning: Available
Reason Selling: Retirement




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