26-Room Independent Motel in Central IL with Minimal Competition

This listing presents a 26-room independent motel located just west of downtown in Central IL. The property is well-equipped with essential amenities including free Wi-Fi, mini-fridges, and microwaves, and is also pet-friendly. The motel benefits from minimal local competition and a consistent base of repeat business, making it an attractive opportunity for an owner-operator or a small hospitality group looking to expand their portfolio. Established in 2021, the business generated $126,805 in gross revenue and $98,081 in total revenue. The asking price is $650,000. The sale includes $60,000 in equipment/furnishings and $26,877 in inventory. The business is currently operated by 2 employees (1 full-time, 1 part-time). The owner is selling due to retirement.