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Business For Sale

Full Service Hotel with Restaurant and Banquet

Rochester/Olmsted, MN

Services: Hotel, Motel, Lodging

Asking Price:

Annual Revenue:

Net Profit:

Cash Flow:

Total Debt:

$6,995,000

$2,000,000

Not Disclosed

FF&E:

Real Estate:

Year Established:

Employees:

Listing Number:

Not Disclosed

2007

626932000

Owner Financing is Available!

Possible contract for Deed

Business Overview:

Very nice full service hotel complete with banquet, restaurant, bar and pool facilities.

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:

5 floor hotel with 128 rooms. Top 2 floors remodeled as high end extended stay units. Excellent remodeling and mechanical condition.

Market Competition and Expansion:

Excellent Rochester, Minnesota location near Mayo Clinic, fairgrounds with room revenue growth year over year. Named "Top 5 Cities to live in" and "Top 10 Metros".

Reason for Selling:

Retirement

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.