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Business For Sale
HOLIDAY INN - ROCHESTER MN
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Asking Price: |
$8,000,000
USD USA Dollars
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Business for Sale Industry: |
Services: Hotel, Motel, Lodging
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Reason for Selling:
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retirement |
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Year Established:
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1964 |
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Yearly Revenues:
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$4,436,000 |
Business for Sale Overview:
This 196 Unit Holiday Inn was built in the 1960's and is concrete construction, two stories. It will be losing the Holiday Inn franchise at the end of this year, but there are many re franchising opportunities in this high barrier to entry, sensational hotel market.
Property Features and Assets:
Indoor pool, full service restaurant.
Market Competition and Expansion:
Competitive, high barrier to entry market. Top Midwest hotel market.
Additional Details:
- The property is owned.
- The owner may be willing to train/assist the new owner.
- The owner is not willing to work for 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.
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