7490 N US Highway 19
Fanning Springs, FL 32693

Present owner filled in pool but new one can be added or the space converted to picnic and bar-b-q area. The motel needs new owner w/ fresh energy to continue upgrading, sprucing up the cosmetic appearance, and bringing the office into the electronic age. The motel has survived and thrived on hand written records and word of mouth advertising but it is time for a website, a computerized reservation system, and an internet marketing presence. A buyer with the insight, knowledge, and experience to do this will see the revenues grow substantially while maintaining the classic old southern style hospitality.The seller has added a new outdoor sign, new air conditioners, new carpet, new beds and bedding but admittedly the motel needs additional cosmetic work and upgrades to compete in today' s competitive environment. While some rooms have wi-fi, refrigerators and microwaves and even ceiling fans, a new owner would be wise to bring every room to consistent modern standards and to ensure a bright and attractive curbside appeal. Historic revenues were $245k-$265k. Present revenues do not match that but the location is worth current asking price. Owner financing possible w/ $250k down. If Location, Location, Location is the key to success, this is as good a location as you can get! The Cadillac Motel is on a main north/south US Highway, across from a popular Florida State Park, near the Suwannee River, in a small town but a busy tourist destination, close to restaurants and gas stations, and a short distance from a nearby city with a WalMart, fast food restaurants, and shopping. It is also only about half hour from Gainesville, Florida, with its major university, hospitals, and big city shopping. This is a great owner/operator motel in need of a buyer with vision and energy to make this motel shine again. The Cadillac Motel is a classic old Florida style motel, with drive up to the door parking, simple amenities, and a peaceful atmosphere to make the guest' s stay a pleasant one as they visit the state park, go fishing or boating on the river, visit the nearby winery, and relax away from big city pressures.