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Business For Sale
BRANDED HOTEL BY MAJOR AIRPORT
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Asking Price: |
$8,600,000
USD USA Dollars
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Business for Sale Industry: |
Services: Hotel, Motel, Lodging
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Year Established:
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1995 |
Business for Sale Overview:
Beautiful hotel located near a Major Airport. 80 room metal and concrete building built in 1995. Complete renovations done in 2006. 2007 revenue was $2,327,000. Occupancy at 75.8% and ADR is $105. January 2008 revenue is up $32,000 from last year. Sales revenue continues to grow - won't last long. Sales revenue tracking at $2.5 million for 2008. Room to expand building - priced reduced for quick sale!
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 not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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