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Business For Sale

International Lodge & Hostel

Central, CO, USA

Services: Hotel, Motel, Lodging

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,749,000
$271,932
Not Disclosed
$102,428
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1997
1
86210564
Owner Financing is Available
Cash – owner financing possible up to 25% depending on financing package.

Business for Sale Overview:

This Hostel/Lodge is a beautiful facility built in 1997 to provide visitors to the town with upscale budget accommodations. The Lodge can accommodate up to 60 guests. There is a full kitchen that allows guests an excellent cost saving alternative to having to eat out every meal while on vacation. Guests can relax in front of a beautiful stone fireplace in the LR, play games, read books from the library, or watch TV. The Lodge/Hostel is known for its cleanliness, comfort and friendly staff. Walking distance to all of the shops & restaurants in this historic town. Only 100' from the free shuttle to the mountain that offers skiing, climbing, hiking, biking. There is a public laundromat on premises - the only laundromat in town. The Lodge also offers public showers. All Lodge operations are managed by a local Property Management Co.

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.

Property Features and Assets:

Built in 1997, 8,880 Square Feet. Accommodates 60 guests in two - two bedroom apartments, private rooms, family rooms, & dorm style accommodations. Full kitchen, fireplace in LR, library and plenty of gear space.

Market Competition and Expansion:

For the last 2 years this facility has primarily relied on the services of Crested Butte Lodging & Property Management (CBLPM) to market, sell, and maintain the lodging business while still keeping the identity of the property separate from their inventory of lodging. This has been done by maintaining their own front desk operations, unique phone numbers, web page, chamber memberships, Tourism Association Membership, and ad placement in specific publications; such as Colorado Vacation Guide. Both on-line and print. CBLPM currently maintains the web page.

Reason for Selling:

Re-locating

Additional Details:

  • The property is owned.
  • The owner is 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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