Wiscasset Motor Lodge
- Listing Id: 5595
- Broker Name: Dana Moos
- Category: Hotels and Motels
- Asking Price: $795,000.00
- EBITDA: $154,000.00
- Real Estate: $1,500,000.00
- Cash Flow: $465,543.00
- Inventory: $1,000.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: $279,926.00
- FF&E: $30,000.00
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Wiscasset
- State: ME
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
Walk into the bright two and a half story cedar and glass lobby and you immediately feel a sense of hospitality. The property has been fully renovated over the years and is immaculately maintained. There's a strong business and strong history. Wiscasset is a great central coastal location for day trips north, south and inland. There are just under 10 acres of beautifully landscaped and level lawn with perennials and mature deciduous and evergreen trees The current owners are open seasonally but it could be operated year round.There are 4 individual buildings onsite - a two story motel with 13 units; a one story section with 4 units; a one story section with 6 units and another one story section with 3 units. With the exception of the two story motel unit, the rest were all individual cottages which when renovated, they were set on a foundation and all remain unattached but under one roof, creating a continuous section of units while maintaining the privacy of separate walls.
Financial Summary
N/A
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