Listing ID: 18523
Business Overview
Small hotel walking distance from a beach boardwalk. A parking lot is available to guests as well as street parking. Hotel provides six fully furnished rooms featuring a full-sized kitchen and bathroom. Amenities include an onsite bar and hookah lounge which bring in a large stream of additional revenue. Business is beer and wine licensed. Hotel has been established for nearly 20 years and operates between an 80-90% occupancy rate. Business includes the property which has undergone lots of upgrades, including hurricane impact windows, 28 aluminum Bahama shutters, new A/C units, and a 160’ hurricane-proof fence. Perfect turn-key business opportunity ready for a new owner.
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Financial
- Asking Price: $4,200,000
- Cash Flow: $425,000
- Gross Revenue: $755,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: No
- Established: 2003
Detailed Information
- Property Owned or Leased:Own
- Property Included:Yes
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Small hotel walking distance from a beach boardwalk. A parking lot is available to guests as well as street parking.
Yes.
Other business interests.
Business includes the property which has undergone lots of upgrades, including hurricane impact windows, 28 aluminum Bahama shutters, new A/C units, and a 160’ hurricane-proof fence.
Business is beer and wine licensed. Hotel has been established for nearly 20 years and operates between an 80-90% occupancy rate.