LOCATION: 450 S. Main Street, Ephraim (population approximately 5,000, increasing), San Pete County (population approximately 24,000, increasing), Utah, elevation approximately 5,500 feet. Bursting with beautiful scenery, this lovely town is located in the magnificent Sanpete Valley with its wonderfully mild climate. It is virtually surrounded by National Forests, Utah’s breathtakingly beautiful National Parks, and last but not least the world-renown Olympic ski areas, all within a one to two hour scenic-drive.

IMPROVEMENTS: This impressive motel originally opened as a ‘Sleep Inn’ franchise in November of 1997. With its fifty-eight (58) large, light, and beautiful guestrooms, including two (2) suites in an attractive and modern three-story, frame and stucco style building, it has all the attributes and charm to be by far the finest hotel in the entire region. All guestrooms have interior entrances with electronic security locks. Accessible via elegant staircases or elevator, each of its two upper floors features its own light and roomy vestibule-lounge from which extra-wide hallways lead to the guestrooms. Each is equipped with an oversized and well-lit shower, private toilet, individual HVAC unit, remote control cable television and state-of-the-art telephone service. The two king-sized suites have the added luxury of Jacuzzi hot tubs. Only four of the fifty-eight guestrooms are designated for smokers.

Additional hotel amenities include a large, built-in at ground level outdoor hot-tub, an exercise room, table tennis room, a profitable guest-laundry, a meeting room seating approximately 100-people theater-style, business services, and an ample amount of parking, capable to facilitate tour-buses. Land area is approximately 1.39 acres.

While the current ownership treats its guests to a continental breakfast in an attractive lobby alcove, a number of full-service and national-chain fast-food restaurants, including McDonald’s and Subway Sandwich Shop, are located just across the street, within a short walk, or limited driving distance. There are churches of various denominations, excellent schools, a superb college,, banks, and businesses, a Super Wal-Mart and an extensive array of shops carrying everything from daily necessities through 
hardware, gifts, souvenirs, and antiques. The locale is ideal for tourist and business clientele.

COMPETITION:  At this time there are two other, small and older motels in town, the Iron Horse Motel (10-rooms), and the Badger Village Motel (8-rooms). Like in most other cities and towns, there are rumors of a new motel to be built, which may not always be a bad addition.

This property lends itself ideally for an Owner/Operator and/or Chain Affiliation! A hands-on professional with marketing savvy in the lodging industry will find exceptional financial upside in this hotel. With its Website difficult to locate, it also has neither been wired, nor set up for wireless, high-speed Internet access to attract today’s students and business travelers.

FINANCIAL INFORMATION: 

Approximate Average Daily Rate (ADR)    $71.00
Approximate Hotel Occupancy Rate        32%

Approximate Revenues, net of Sales & Lodging Taxes
2005    $471,005.00
2004    $394,470.00
2003    $426,284.00

TERMS: Cash, SBA or Conventional

Information herein has been obtained from what are believed to be reliable sources, however, Anton Hospitality Brokers, Inc., cannot guarantee its accuracy. References and information contained herein are approximate only and are subject to changes and errors. Assumptions are based on professional management and marketing of the property and future operating results will vary depending on ownership. Buyers must conduct their own investigation and due diligence and consultation with a professional financial advisor is highly recommended. Price is subject to change without notice.