Listing ID: 36841
Business Overview
This stunning hotel is a perfect investment opportunity.
The hotel has been established for 30 years and offers 47,000 sq ft.
With a prime location on a .7-acre lot and an occupancy rate of 76% in 2021, this hotel is a go-to destination for visitors to the area.
Location sees lots of traffic, with well-known colleges in the area.
The hotel boasts an on-site bar and lounge and guest laundry facilities.
This is an established business with a reputable name.
Its loyal clientele and high traffic location make it a top choice for anyone seeking to enter the hospitality industry.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.
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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711
Financial
- Asking Price: $15,500,000
- Cash Flow: $668,611
- Gross Revenue: $3,289,189
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: No
- Established: N/A
Detailed Information
- Property Owned or Leased:Own
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
The hotel has been established for 30 years and offers 47,000 sq ft.
Yes.
Other business interests.
With a prime location on a .7-acre lot and an occupancy rate of 76% in 2021, this hotel is a go-to destination for visitors to the area.
Location sees lots of traffic, with well-known colleges in the area.
Cooperating Broker of Record
Jason Green
SFR Realty, LLC
New York - 10301222535