HSC Remodeled Motel RV park with new C-store/Liquor reduced 500K! - Business for Sale
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Motel, RV Park, and C-Store with Liquor in Ontonagon, MI
Ontonagon, MI, US
Added today
Motel, RV park, and convenience store with liquor sales
76 years in business
A 22-room remodeled motel and RV park with a new convenience store and liquor retail operation located in Ontonagon, Michigan, near Porcupine Wilderness State Park and Lake Superior.
Key Information
Asking
$2.9M
Revenue
–
Earnings
$300K
Multiple
9.7x
Key Highlights
- Business has been established for 76 years
- Property includes a 22-room motel totaling 22,000 square feet
- RV park features 14 pull-through sites and 20 sites with water and electrical hookups, with additional expansion capacity
- A newly constructed convenience store and fuel station with liquor retail operations is included
- Seller will escrow $500,000 to complete remaining construction on the convenience store and planned sauna facility
Contact Info
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