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Oceanfront Motel For Sale - Coastal Mass, Massachusetts, MA |
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| PROFILE: Coastal Massachusetts 8 Room Hotel W/Gorgeous Detached Owner's Residence! |
| Status: |
Available |
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| State: |
Massachusetts |
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| Location: |
Coastal Mass |
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| County: |
None Given |
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| City: |
None Given |
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| Primary Category: |
Service Related |
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| Alternate Category: |
None Given |
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| USABizMart Ad #: |
127913 |
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| Seller Or Contact: |
Mark Chiaveli |
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| Primary Phone: |
781-932-7355 |
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| Alternate Phone: |
None Given |
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| Email Address: |
See Form Below |
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| Date Ad Started: |
8/25/08 |
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| Date Ad Last Revised: |
8/25/08 |
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| Asking Price: |
$2,700,000 |
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| Down Payment: |
Negotiable |
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| Annual Revenue: |
$170,036 |
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| Annual Adjusted Net: |
$94,958 |
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| Price Range: |
$1 Million + |
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| Franchise: |
No |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
Yes |
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| Bkr To Bkr Cooperation: |
Call |
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DESCRIPTION: Coastal Massachusetts 8 Room Hotel W/Gorgeous Detached Owner's Residence. Real Estate Included In Sale Price Is Valued At $1.75M.
Absolutely Unmatched Location In One Of Massachusetts Quaint Coastal Communities. It Is Literally Not Possible To Be Any Closer To The Water Than This! Owner's Residence Includes 3 Bedrooms On Two Levels Of Living, With Unrivaled Views.
Wake Up Every Morning Staring At The Atlantic Ocean! Hotel Has Very Strong Seasonal Occupancy With Steady Weekend Business In The Spring And Fall. Current Performance Reflects A 6 Month Operating Season And Could Be Improved By Returning To Hotel's Historical Pattern Of Being Open 9-10 Months Per Year And/Or By Raising Rates To Market Levels.
Additional Retail Space Currently Vacant Provides A Number Of Options For A New Owner. Victualer's License Is In Place If New Owner Wishes To Add Food Service To Create Additional Income Stream. |
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