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Price: |
$2,350,000 "PRICE
REDUCED" |
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Sale Structure: |
Typical Cash Sale using commercial mortgage. |
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Minimum Equity Injection as Down Payment: |
Most Lenders will require 20-25% Down & SBA Loan Guaranty |
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Location: |
Wisconsin Dells, WI |
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Franchised/ Independent Property : |
Econo Lodge, "Just 8 Years Young!" |
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Number of Rooms: |
62 Modern Rooms, Indoor Pool and Whirlpool |
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Demand Generators of Business: |
Destination Tourists, Recreation & Vacation. |
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*Updated Detailed Brochure: |
CLICK--> More information about this property |
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Motel Web Site: |
CLICK--> Econo
Lodge Web Site |
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Other Hotels/Motels in this Area: |
CLICK--> Other Motels in Area. |
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State/Local Map: |
CLICK--> Map City Location |
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Weather: |
CLICK--> Area Weather |
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Population and Demographics: |
CLICK--> Area Stats |
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Schools: |
CLICK--> Area Schools |
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Business Generaters: |
CLICK--> Tourist
Attractions |
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Many Water Parks: |
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Special Note: |
Two Bedroom Apartment for Owner/Manager |
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Trailing 12 Months Revenue: |
2007 - 12 months sales thru 10/1/06 - 9/30/07 |
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Trailing 12 Months Room Revenue: |
$669,300± |
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Estimated 20-07 Revenue: |
$675,000± Estimated for 2007 |
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Total Operating Expenses: |
Should be Normal Expenses @ 65%± |
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Net Income Before Debt: |
Should be Normal Net Income Before Debt @ 35%± |
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Reason for Sale: |
Partners have decided to go on to separate
opportunities. |
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Comments: |
Just 8 years old and in very good condition overall.
Expecting that |
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Econo Lodge will relicense this
fine motel. Normal Franchise Terms. |
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Ready for an aggressive owner operator family to push
sales higher. |
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Property Photo's: |
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