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Motel in South Atlanta net 20k/m 1.7m

Decatur, GA (Dekalb County)

Motel in South Atlanta net 20k/m 1.7m
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Asking Price: $1,700,000

Cash Flow: $240,000

Gross Revenue: $480,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2013

Motel in South Atlanta net 20k/m 1.7m

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Business Description

35 rooms, Current Monthly revenue is 32k,net 17k a month, mainly cash local customers, franchise motel, projection revenue is 40k, net 20k. Payroll is 4000 a month. Good for family. Asking 1.7m, the current owner is doing renovation to meet the franchise requirements, the asking price is after the motel is renovated. Down payment at least 350k,qualify for SBA.

Buyer Only, No Agent, Please.

Please fill out Non Disclosure Agreement attached with this listing & email to 2513493751@QQ.com . Any questions, please call Harriet Zhu at 404-642-8712.

Attached Documents


Detailed Information

Location:
Decatur, GA
Real Estate:
Owned
Building SF:
N/A
Employees:
5
Support & Training:
2 weeks
Reason for Selling:
Other Interest
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Harriet Zhu

Business Listed By:
Harriet Zhu

Great Atlanta Realty, Inc.

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