Business for Sale Overview:
Hotel with Suites nestled on a beautiful, 3.5 Acre parcel in very attractive part of Historic Williamsburg, VA. 24 year old business has recently been renovated with all new furnishings. Hotel adjacent to Cracker Barrel, Uno's Chicago Bar & Grill, near great shopping, other hotels, and walking distance to new movie theater and new real estate developments. 122 Room facility features breakfast area and features largest outdoor swimming pool. Property priced $1,000,000 under tax assessed value. Property has parcel large enough to subdivide into a medium size restaurant if desired. Williamsburg area one top 5 family destinations in U.S. with its Theme Parks, History, shopping outlets, and over 12 golf courses.
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:
122 Rooms, over 150 parking spaces, 3.5 Acres, new furnishings in rooms, 3 Story complex. Property can be operated as hotel now, with later plans possible for future other unique development if preferred. Franchise is one of only ones with Suites in U.S.
Reason for Selling:
Owner retiring, moving in new direction
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 a distressed business or bankruptcy situation.
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