Listing ID : O5884980
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Structure / Lot Size
7,379 Sqft / 1.34 Acre -
Year
1949
Description
The Geneva Motel is a 20 room motel which generated $932,000 in gross income for 2020 which was higher than the gross income for 2019. The owners had a salary of over $430,000 for 2020. The motel is a highly profitable, turnkey business which includes a current tobacco & beer/wine license (can be transferred to new owners). The motel contains 20 rooms, a remodeled owners/managers suite (2,285 sf) and professional grade laundry facilities. Family run for over 40 years. The business is easy to learn. The owner has a complete manual detailing all aspects of running the business. This is a super clean, efficient and profitable business.
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