Listing ID: 76239
4031944 – Amazing opportunity to buy a successful motel at one of the busiest intersections in the state. Located at the crossroads of the Rocky Mountains, Hwys 50 and 285, the Poncha Lodge offers a variety of sized rooms. Monarch Mtn. is only 15 minutes away. Poncha Springs, one of the fastest growing areas in the state, offers friendly people, great trout fishing, bike and hike trails close by, as is world class rafting. Also included is a 3 bedroom, 2 bath modular home to use by the owner or long term rental. A 2 car garage is next to the home. This motel is completely furnished and equipped to take over right away. A beautiful courtyard in the rear offers a quiet sanctuary for guests. An enclosed place, formerly a hot tub spa with the utilities still in place should the new owner wish to replace. offers covered protection from the elements for card, board games and dominoes. On August 12, 2021 at noon, it was 80 degrees. The lodge and home currently has 19 beds, but there could easily be more. Financials are available with a signed NDA. Please note that there are 13 rentable units, one manager’s suite and 3 bedrooms in the home to arrive at the 17 total units listed. The 2 car detached garage has a concrete floor and is 24’x24′. The hot tub space has a concrete floor and is 10’x14′. The sheds have wood floors and measure 16’x12′, 10’x8′, 8’x12′.
Property At A Glance:
Fully Furnished Rentable 13 Rooms
3 Bedroom & 2 Baths Modular Home
2 Car Detached Garage
Public Water and Sewer
Natural Gas and Propane
Great Business Investment
15 Minutes From Monarch Mountain Skiing
2020 Taxes: $5,406
- Asking Price: $1,500,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: Yes
- Established: N/A
- Property Owned or Leased:Own
- Property Included:Yes
- Building Square Footage:5,612
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Why is the Current Owner Selling The Business?
There are all types of reasons why people decide to sell companies. However, the real factor and the one they say to you might be 2 entirely different things. As an example, they may state "I have way too many various responsibilities" or "I am retiring". For many sellers, these reasons are valid. But, for some, these might just be excuses to try to hide the reality of altering demographics, increased competition, recent decrease in earnings, or a range of various other factors. This is why it is really vital that you not count entirely on a vendor's word, however rather, utilize the seller's response along with your overall due diligence. This will paint a more reasonable image of the business's existing circumstance.
Existing Debts and Future Obligations
If the current company is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your deal. Lots of companies borrow money so as to cover items such as inventory, payroll, accounts payable, etc. Remember that in some cases this can suggest that revenue margins are too small. Lots of businesses come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future commitments to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with suppliers that need to be satisfied or may cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do businesses in the area bring in brand-new consumers? Most times, companies have repeat clients, which form the core of their day-to-day profits. Certain factors such as brand-new competition growing up around the location, road construction, as well as staff turnover can impact repeat consumers and adversely influence future incomes. One essential point to take into consideration is the location of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Clearly, the more people that see the business on a regular basis, the higher the possibility to build a returning customer base. A final thought is the basic location demographics. Is the business located in a densely populated city, or is it located on the outside border of town? How might the regional mean home earnings influence future revenue prospects?