Motel with growth potential near I-12.
Featured on BusinessForSale.com . 16 viewed

Asking Price
$1,599,000
Detailed Information
Baton Rouge, Louisiana, US
Not Provided
NA
Business Description
This property is currently generating over $250,000 in annual net sales with a net profit exceeding $168,000 after expenses. It features 48 rentable rooms on a 1.29-acre lot with a building spanning over 22,000 square feet. Located in a high-traffic area near the I-12 and Hwy-61 interchange, the property offers significant potential to increase revenue through various means, such as adding food service and capitalizing on its proximity to nearby attractions like Celebration Station-Amusement Park. The motel presents an opportunity for expansion by potentially converting rooms into extended-stay options with kitchenettes. With a high visibility location and close proximity to educational institutions and residential developments, the property is strategically positioned to attract a diverse range of guests, including students and professionals. Its amenities, such as the Manager's Suite and the recently replaced roof, enhance its overall appeal, while the vacant food service area provides a clear avenue for revenue growth. Priced at $1,599,