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Asking Price$425,000
Revenue$115,000 Established1970
Cash FlowUndisclosed Employees1 full-time
FF&E$750,000* FranchiseNo
Inventory$36,500* RelocatableNo
Real EstateUndisclosed* Home-basedYes
* Included in Asking Price
Lakeview Motel, Well Below Appraisal in Missouri For Sale For Only $425,000! This is a remarkable buy. Established in the 1970's with current Owner at the helm since 1996. An 18 unit motel that looks directly over a gorgeous Lake Stockton in a perfect pristine and natural setting. The premises has 9 buildings covering. 77,120 sq.ft. This is the only motel located on this part of the lake, so it has become very popular with a large number of repeat customers. It is already pre-booked for 2017 and has made $50,000 in business already. One of the attractions is a sparkling outdoor swimming pool. There are also picnic tables and grills in front of the guest rooms for convenience. The guests can stay in a tastefully decorated motel room or have their own rooms complete with kitchenettes or rooms with even larger kitchen facilities for larger groups or families. Owner lives on the premises overlooking the lake in a 3 bedroom home with all new appliances and water heater and complete with an office for convenience. The landscape surrounding the motel is well maintained and guests can enjoy walking the grounds and watching the fish jumping in the lake. The motel is close to great fishing areas and even hunting. If visitors catch a fish, there is a fish cleaning station on the premises. The motel is in a park like setting, with playground equipment, volley ball courts plus other games and all is surrounded by woodlands-- nature at its best! The motel has a backup generator to ensure the guests comforts are maintained at all times should a power outage occur. A 3 bedroom trailer parked on the grounds plus 5 Recreational Vehicle (RV) hookups and 24 metal boat storage units provide additional income. The motel is also close to a campground and large beach that is great for swimming. There is also a boat launch for keen boaters. Other attractions nearby include a floating restaurant and marina. Call now for more information and to schedule a visit
Facilities:Prime location directly on Stockton Lake, in southwest Missouri. Stockton Lake is located in Missouri just northwest of Springfield, Missouri and northeast of Joplin, Missouri and is a popular tourist area. Call for more information.
Competition:No competition
Growth Potential:Excellent potential for an enthusiastic new Owner. Lots of opportunities based on very little competition and adding additional features to the existing business. Hours of Operation: 7 days a week 24 hrs a day. Office in on site home. Call for more details
Training/Support:Owner offers both training and support if required.
Seller Financing:Call for details
Sale Reason:Owners want to retire
Ad #89755
Seller Reference #mb1806
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