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Business For Sale

Hotel and Resort in Fort Lauderdale

Broward County, FL, USA

Services: Hotel, Motel, Lodging

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$7,000,000
$1,249,278
Not Disclosed
$635,870
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2003
6
73511461

Business for Sale Overview:

This well established business has been successfully operating as a special interest hotel and resort for 7 years. It sits on a large parcel of land located just 180 yards from the tropical shores of Fort Lauderdale Beach. This resort offers 36 spacious studios and suites with amenities such as continental breakfast, rooftop sun deck, 2 swimming pools and a large jacuzzi, laundry facilities, BBQ grilling station, massages, internet access from a computer in the lobby as well as wireless in the rooms. Room’s available for short or long term stays. Property is private and secure in a relaxed Florida atmosphere set amongst lush tropical fouliage. This is a perfect opportunity for a big construction project and hotel enthusiasts as the whole block is for sale and is zoned for a 20 story building. This resort has a giant database of repeated clients from the United States, Europe, and South America. This operation is generating an EBITA of $573,000 on an adjusted basis and shows a steady stream of revenues for the past 4 years. The operating hotel and the real estate are being sold together.

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:

29,591 square feet

Reason for Selling:

Other interest

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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