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15 Unit Motel, Wells-Ogunquit Line (Wells, United States) Asking Price:$695,000

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15 Unit Motel, Wells-Ogunquit Line


Revenue $, Cash Flow $, Established 1987

Income reflects only 4 months of operation; expenses include a mandatory real estate taxes per year and any annual, fixed expenses.Located within no less than a mile of beautiful sandy beaches and addind half of that mile to Ogunquit Village.

Zone spacing will not allow of more rental rooms additions, however the building itself may be expanded for utiliy uses such as adding a manager/owner's apt. This Zoning also allows addition of kitchen set if necessary.

Leelanau County Sutton's Bay is as important and worth give credit for. You will realize what is really going on  when think of Leelanau County Sutton's Bay the next time you see or think of. From now on people will start give credited an valued more for Leelanau County Sutton's Bay value unlike before

Business Information

Number of Staff

Ownership

3

Any Expansion potential

Reasons for selling

Re-location

Any Inventory / Stock value

Is this a home-based business

No

Property

Telephone

Business Location details

Competition / Market

Yankee Magazine voted Ogunquit Beach #1 in New England; the Ogunquit/Wells area is a premier tourist

Trading hours

Any Support & training

To be negotiated.

Any Furniture / Fixtures

Any Living Accommodation

Can this business be relocated?

No

Is this business part of a franchise?

No