Crete Inn

Business Opportunity for Sale
Catylist Listing ID: 30163654
Property Subtypes: Business Services
Building Size (RSF): 14,586 SF
Sale Price: $949,000
Name of Establishment: Crete Inn
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Living Accomodations: Yes
Last Updated: 12/28/2017

Overview / Comments

Motel and next door flourishing restaurant building that has an 8 year lease with Great Wall, located in Crete NE. Motel has numerous updates including in the last 3 years: water softener, telephone system, carpet, tiled bathrooms, painted inside and out, light fixtures, new mattresses, flat screen TV's, toilets, sinks, shower heads, A/C & heating units, roof, gutters, siding, electronic locks, outside stairs, microwave ovens & refrigerators. The Motel has 1 handicap accessible room and 2 suites included in the 39 rooms, plus on-site living quarters with 2 bedrooms, 1 bath, living room & kitchen for hands on owners. Both Motel and restaurant building (not the business) are offered as a package deal.

Additional Details

Industry Segment: Other Business Services
Value of Inventory Included ($): $949,000
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,284 7,518 7,518
Median Age: 34.6 29.65 29.65
Households: 461 2,430 2,430
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