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Parker's Motel consists of 29 motel rooms, suites and cottage located at the entrance to Franconia Notch State Park. The motel has been continually updated and boasts of a strong repeat clientele. This business is perfect for a couple or a family looking to take over an enjoyable, rewarding business and lifestyle. Lincoln offers a great school system and a diverse, welcoming community surrounded by the grandeur of the White Mountains. This is a perfect opportunity for a buyer wanting an established, proven business that can support a family and simultaneously offer amazing outdoor recreational opportunities.
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| Industry: |
Entertainment and Leisure |
| Industry Segment: |
Hotels and Motels |
| Geography: |
United States > New Hampshire > Lincoln |
| Asking Price: |
$1,300,000 |
| Gross Revenue: |
$360,000 |
| Cash Flow: |
$149,000 |
| Value of Real Estate: |
$1,000,000 (Included in Asking Price) |
| Seller Financing: |
Cash or Bank Financing |
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| Year Established: |
1938 |
| Mgmt. Training/Support: |
Sellers will provide reasonable transitional services over a 2 week period. |
| Reason For Selling: |
Relocate closer to family and their other business. |
| Facilities: |
29 motel rooms consisting of 24 standard, deluxe, and family motel rooms, four 2 and 3-bedroom suites, and one 3-bedroom cottage. Outdoor pool, Jacuzzi, sauna, guest laundry, and game room. Large 4-bedroom owner's quarters. Additional 1-BR employee apartment. Town water and sewer. |
| Market Outlook/Competition: |
Lincoln is a very popular 4-season destination resort area with 2 major ski areas, Franconia Notch, the White Mtns., and the Kancamagus Hwy. It is a famous vacation area filled with family attractions and activities including Clark's Trading Post, Whale's Tale Waterpark, Lost River, and the Flume. There are numerous hotels in the area that cooperate to promote the area to families and outdoor adventurers. The area continues to grow and add new attractions. Competition is well established. Parkers is well positioned for continued success. |
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| Name: |
O.J. Robinson |
| Email: |
info@cpointadvisors.com |
[Back To Engagements] |
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CenterPoint Business Advisors - 651 Main Street, Suite 200 - P.O. Box 863 - Franconia, NH 03580 - 888.988.0999
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