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Business For Sale

Howard Johnson Close to I-275

Tampa/Hillsborough, FL, USA

Services: Hotel, Motel, Lodging

Business For Sale
Photo not provided
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$3,350,000
$720,000
$75,000
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1968
0
97827788

Business for Sale Overview:

This is a well-established hotel property with a steady stream of clientele. This property has a prime location on Fowler right off I-275 close to USF & the University Mall. The hotel is a Howard Johnson with 68 rooms & an occupancy rate of 60%. There are 42 double rooms & 26 single rooms along with 1 manager room. The hotel contains a nice swimming pool and has low rates. The hotel has great road frontage, sign visibility & high traffic volume. There is no renovation needed. The rooms, hallways & property are in prime condition. The hotel was originally listed for $4,400,000 and has had multiple offers. Now it is reduced to $3,350,000. Priced for a quick sale. Do not hesitate to call for an appointment.

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.

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 a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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