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Price: |
$599,000 |
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Sale Structure: |
Purchase using regular commercial mortgage. |
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Minimum Equity Injection as Down Payment: |
You will need 20-25% Down |
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Location: |
Phillips, Wisconsin |
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Franchised/ Independent Property: |
Independent |
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Number of Rooms: |
28 Motel Rooms, with a 3 Bedroom Owner's Home. |
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Demand Generators of Business: |
Destination Tourists, Recreation & Commercial |
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Detailed Informational Brochure: |
CLICK--> Skyline Brochure |
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Motel Web Site: |
CLICK--> Skyline
Motel website |
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Other Hotels/Motels in this Area: |
CLICK--> Other Motels in the
Area |
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State/Local Map: |
CLICK--> Map and
directions to Phillips, Wi |
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Weather: |
CLICK--> Yahoo weather
for the Area |
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Population and Demographics: |
CLICK--> Population
and Fact Sheet |
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Schools: |
CLICK--> Phillips
Community
Schools |
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Business Generators: |
CLICK--> Things to do in Phillips |
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Points of Interest: |
CLICK--> Area
Points of Interest |
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Special Note: |
|
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Past 3 Years Average Revenue: |
$ 183,000± |
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Current Trailing 12 Months Revenue: |
$ 186,000± thru April 2008 |
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Estimated 2008 Revenue: |
$ 185,000± |
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Total Operating Expenses: |
Will be normal at 50%± of revenues |
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Net Income Before Debt: |
Normal net income before debt at 50%± |
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Reason for Sale: |
Owners are retiring after 8± years. |
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Comments: |
Stable operation. Good business established.
Step Right in with |
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out any major problems. Owners will train.
This Motel will be |
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Profitable from Day One. |
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Property Photo's: |
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