* Included in Asking Price
Search more Motels Businesses for sale in Nevada Listing ID: 2540004
Motel In Virginia City For Sale
virginia city, Nevada
Asking Price: $599,999 Furniture / Fixtures and Inventory / Stock included
Sales Revenue: $100K - $250K
Cash Flow: $100K - $250K
Devoted fans of the old western series BONANZA who enjoyed the spectacular vistas in and around Virginia City,Nevada, and embraced the spirit of the American Old West will find this venture a REAL dream come true! Yielding a gross revenue of $170,000 and a net profit of $110,000, this well-established motel, rental house and market located in an historic four season town has been substantially reduced to $599,000. For anyone whose imagination is caught up in the Old West and its rugged history, this is an amazing opportunity to ensure that the dream of those bygone days lives on while enjoying incredible earning potential.
First, a motel with 12 fully-restored period rooms complete with refrigerators and microwaves has an unprecedented location on historic C Street with that famous 100 mile beautiful view ! On and off street parking is conveniently available for guests. Incredible sunrises and sunsets are something to behold , and the view at any time of day or night is nothing less than spectacular! Also included is a laundry room with an on site market which both guests and locals patronize. While only a short distance from the incomparable Lake Tahoe as well as Reno and Carson City, the motel enjoys a great amount of repeat business.
In addition to the revenue from the motel and market,a 1,440 square foot rental home with 2 bedroom and 1 bath is available. Also, a charming, fully-remodeled 1,853 square feet home is on the property,which a new owner may consider using as a rental for additional revenue. This home contains 3 bedrooms,2.5 bathrooms mudroom, shop, covered porch and, of course, breathtaking views!
With a prime location which is close to restaurants, quaint shops, and other attractions that Virginia City has to offer, the guests are able to take a step back in our nation's history and immerse themselves in the culture that was the Old West. Important to note is that this is a turn key business the motel has been recently painted and has been kept in good condition.
Details regarding the finances of the business and other general information must be discussed with the owners who are relocating to be closer to family. However, they are eager to train and support a new owner in any way possible to ensure the continued success of the business. While the price has been dropped significantly in order to sell, it is vitally important to the present owners that the transition go smoothly , and, ultimately, for the new owner to enjoy the same success.
With an historic town such as Virginia City, Nevada, that hosts famous events and attracts guests worldwide, this drastically reduced offer is a step back in time that can be a profitable venture for anyone with a love and an appreciation of the Old West.
Real Property I
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