Illinois Business For Sale

Best Western Hotel-62 Room-Banquet Hall

Not Disclosed, IL

Auto & Mech: Services & Gas Stations

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$2,750,000
$900,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2004
0
15826567
Owner Financing is Available

Business Overview:

This is Limited service Flagged hotel. Last year room revenue was $975,000 and hotel was closed for two months. $100,000 Revenue from Banquet Hall and meeting room. There are 62 rooms. Located in a very busy Interstate I-80. Brand new property converted from Holiday Inn to Best Western last year. Main thing is there is no punch and no PIP. 2009 sale is projected to do $1.1 Million including room revenue and Banquet Hall. Hotel was build in 2004.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Other

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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