113 Room Name Brand Hotel-$500,000 renovation

Confidential, AL


Asking Price: Annual Revenue:
$3,100,000 $1,050,000

Services: Hotel, Motel, Lodging


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RE: 113 Room Name Brand Hotel-$500,000 renovation Broker: Lanier Chew

Quick Facts

Asking Price: $3,100,000
Annual Revenue: $1,050,000
Net Profit: Not Disclosed
Cash Flow: $472,926
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1984
Employees: 10
BBN Listing #: 132438301
Broker Reference #: MOBILAL001-N880

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Business Overview:

Business Description Famous worldwide brand hotel chain in the great southern town of Mobile, Alabama. This 113 room hotel has just finished its $500,000 renovation project. Excellent location near I-10. Walking distance to fast food restaurants, close to Hank Aaron Stadium and Brookley Aeroplex (industrial complex and airport). In addition to being close to Greyhound Park and other areas of interest. This 53,400 Business Description Famous worldwide brand hotel chain in the great southern town of Mobile, Alabama. This 113 room hotel has just finished its $500,000 renovation project. Excellent location near I-10. Walking distance to fast food restaurants, close to Hank Aaron Stadium and Brookley Aeroplex (industrial complex and airport). In addition to being close to Greyhound Park and other areas of interest. This 53,400 sq. ft. 3 floor facility with elevator sits on a 2 acre parcel and has considerable number of amenities, many just upgraded as part of the large renovation project such as: outdoor pool, continental breakfast in upgraded area, free Wi-Fi, room upgrades including all new flat screen TV’s, new roof, new AO Smith boiler and much, much more…(40% of rooms were closed in 2019 due to the $500,000 renovation making 2020 projected gross revenue that is posted above for new owner a great year). 3rd party management is also available if needed for very reasonable fee. Even pets are allowed (for extra fee). For additional information CONTACT: Rob Sproles 850-341-3863 email: robsproles@msn.com

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Reason for Selling:

need for downsizing

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.

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