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Illinois Business For Sale |
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| HOLIDAY INN ONLY HOUR AWAY FROM CHICAGO $4.5 M |
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| Attn: 630-339-6386 |
| Holiday Inn |
| Plainfield, IL, USA |
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| Asking Price: |
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$4,500,000 USD USA Dollars |
| Business for Sale Industry: |
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Services: Hotel, Motel, Lodging |
| Reason for Selling: |
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relocating |
| Year Established: |
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1969 |
| # of Employees: |
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36 |
| Yearly Revenues: |
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$2,735,000 |
| Yearly Cash Flow: |
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$120,000 |
| Yearly Net Profit: |
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$180,000 |
| Yearly Gross Income: |
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$430,000 |
| Monthly Payroll: |
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$89,000 |
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Business for Sale Overview:
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Property Description:
This Holiday Inn is only 1 hour away from Chicago suburbs, I guess this is you looking for and willing to pay little bit more if its close to you. This is last 13 years established business doing steady sale of $1.3 million net room revenue plus $175,000 per year from banquet hall and $100,000 from restaurant. Do your own math, real estate taxes are $85,000 will help you.
Location Description:
Whether you are enjoying a swim in our pool or relaxing in The Bar & Grill restaurant, our hotel is the perfect place to stay for business or leisure in the Area of. We are conveniently located directly off Interstate and are just a short distance from all area businesses and attractions.
We offer free wireless internet access in all areas of the hotel and a business center on premise to service all of your needs.
Everyone from the corporate traveler to family agree that Holiday Inn of the is the hotel that meets all of your travel expectations.
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Property Features and Assets:
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Hotel renovated in 2005;
2 Floor(s);
117 Guest Room(s);
48 Single-Bedded Room(s);
69 Double-Bedded Room(s);
89 Non-Smoking Room(s);
Interior Corridor.
Parking Available per 241 Spaces;
Complimentary Registered Guest Parking;
open air parking available 24 hours a day;
Parking Area Equipped with Lights;
Service Animals Allowed.
Parking;
2 Room(s) with Accessibility Standards.
Health & Fitness Center (On-Site);
Free Weights, Treadmills, Stepper, Bikes, Boflex Machine.
Renovated in 2007.
Health & Fitness Center (Off-Site).
This business for sale includes the real estate it occupies. |
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Market Competition and Expansion:
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No competition. |
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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