35-Key Tourism Motel Near Wind Cave & Mount Rushmore - Business for Sale
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35-Room Motel with Mini-Golf in Hot Springs, SD
Hot Springs, SD, US
Added 1 month ago
Motel and Mini-Golf Business
61 years in business
Retiring Owner
Independent 35-room motel with 18-hole mini-golf course and outdoor pool located in Hot Springs, South Dakota, serving the Black Hills tourism market.
Key Information
Asking
$1.5M
Revenue
$410K
Earnings
$190K
Multiple
7.9x
Key Highlights
- 35-room independent motel on 2.2 acres, includes 18-hole mini-golf course and 1,152 sq ft retail/attendant building
- Includes all real estate, FF&E (~$150,000), iPMS247 booking platform, customer database, website/domain, brand, guest reviews, and operating documentation
- Owner willing to finance up to 40% of purchase price ($600,000 on $1.5M ask) for a qualified buyer
- Business established for 61 years; current owner retiring after 31 years of ownership
Contact Info
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