Seller's Contact Information

  • RE:  Historic Elgin Hotel
  • Contact:  James Clendenin
Listing Update!
Update: Historic Elgin Hotel is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Services: Hotel, Motel, Lodging Industry.

Business Overview:

Built in 1886 to attract travelers on two railroad lines running through Marion, the impressive hotel still stands over 130 years later. After operating as a hotel for over nine decades and coming close to being demolished, the Elgin was renovated in 1977 as an apartment house and was placed on the National Register of Historic Places a year later. In 2009 the hotel was fully renovated and opened as a bed and breakfast with the owners living on its 3rd floor. New owners in 2016 opened up the 3rd floor for guests and chose to live off-site. Keeping its cozy, bed and breakfast atmosphere, the Historic Elgin Hotel now stands amidst the Flint Hills of Kansas as the region's finest fully-renovated boutique hotel. The Elgin's 19th century limestone building provides a unique venue to rest, relax and reconnect in an atmosphere that blends the nostalgia of the past with the luxuries of today. Five living rooms, an outdoor verandah, a covered porch, a fitness center, and a vintage game lounge compliment twelve unique suites to create an unforgettable getaway for its guests >>

Reason for Selling:

Retiring. Kindly ask the seller for more information.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

Opportunity Update!

Exciting update: Historic Elgin Hotel has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!

Asking Price: $360,000

Restaurant and Hotel

Not Disclosed, ID
Custer County

Set amid the striking backdrop of Idaho’s mining and ranching country, this newly constructed hospitality and entertainment venue offers a rare chance to own a turnkey business and potentially the property in a high-demand destination. Rising from a total loss fire in 2022, this business is purpose-built with flexibility and charm, the facility combines a bar, tavern, restaurant, event center, and month-to-month hotel lodging—all thoughtfully designed to serve a growing regional and tourist base. The business currently operates with a full liquor license—one of only four available in the area—making it a magnet for locals and visitors alike. Known for its warm atmosphere and profitability, it stands out as both a community gathering spot and a traveler’s rest stop, drawing consistent foot traffic. Spanning multiple revenue streams, the layout also includes a mezzanine level that’s perfect for private events, live music, or community gatherings. The space is primed for growth, with ample opportunities such as launching breakfast service, themed events like trivia or karaoke nights, seasonal costume parties, ladies’ nights, and farm-to-table offerings featuring locally sourced meats. Expansion potential also includes an outdoor quick-serve barbecue station, curated daily specials, rotating menus, headline bands, and expanded catering options—turning this already vibrant operation into an even more versatile destination. **Both the business and the real estate are available for purchase**, offering a rare combination of immediate cash flow and long-term investment security. This is an outstanding opportunity for an owner-operator or investor seeking to step into a thriving, multi-faceted enterprise with strong roots in the local culture and limitless potential.

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Cash Flow Not Disclosed
Revenue Not Disclosed

Asking Price: $599,000

Independent Motel with Property in Holbrook, AZ!

Holbrook, AZ
Navajo County

Yearly sales are over $100,000!Independent brand! No need to pay franchise royalties! Operating partner lives onsite and does not have any payroll! Buyer can purchase an income-generating commercial property for the price of a house! Net profit is over $70,000 per year AFTER paying all other expenses!Business has only rented to long-term tenants for several years. New Buyer could easily convert back to a motel with daily rates!Average Rate (AR): $50Rentable Rooms: 35Store Information:Building is 11,360 SF!Huge opportunity to brand the property with a franchise and receive an upfront incentive to renovate the rooms! Geographic & Demographic Details:Average traffic count of 4,805 vehicles passing by the Motel each day! Huge opportunity to offer long-term rates and capture additional customers!Median Household Income is $49K! Population is increasing by 2.5%Nearby restaurants like Romo's Restaurant, A&W Restaurant, Little Caesars Pizza, Mr Maestas, Wayside Soda Shop, El Rancho Restaurant & Motel, and Bienvenidos Restaurant.Higher education institutions in the area include Northland Pioneer College serving over 2,700 students and faculties.Close proximity to Greenwood Apartments, Coronado II Apartments, Holbrook Court Apartments, and VSUSA.3 hours from Phoenix, AZ and Albuquerque, NM! 1h 30 min from Flagstaff, AZ! Asking Price for the Property: $599,000.If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

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Newly Remodeled & Fully Equipped Hotel Restaurant

Not Disclosed, CA
Sonoma County

Newly Remodeled & Fully Equipped Hotel Restaurant FOR Sale in Sonoma County! ~$1.5million in Annual Revenue. Strong Breakfast/Lunch Opportunity and Great Lease!!RRC# 5035 Location: Sonoma CountyDescription:This popular restaurant connected to a busy Sonoma Hotel is a staple Breakfast, Lunch & Dinner restaurant is now for sale! The newly renovated and fully equipped, turnkey restaurant is located next to the 101-HWY. This successful location has thrived for over 33 years. The restaurant has been a busy Breakfast and Lunch restaurant and under the new owner is doing well for Dinner service as well. The business is currently generating roughly $1.5million per year. There are added sales opportunities from events, room service and to service the flow of hotel guests. The hotel seasonally runs near capacity, providing a constant flow of hungry guests, wine country tourists and business travelers and of course locals. The business and hotel is located immediately off the Redwood HWY, also referred to as the HWY 101. A new owner could consider adding a garden patio to boost seating and appeal, which has been previously looked into. There is also ample dedicated parking.The space has elevated, yet classic American diner vibes, and boasts updated, huge arched tinted glass atrium windows along the lower dining room wall facing the street. The space was fully upgraded in 2016 with new front doors, new floors, new bathroom, new table tops, new sunroom, dining room furniture and kitchen equipment, and then again in 2023 keeping this space looking new and appealing! The space and equipment is wonderfully maintained. The kitchen has a large open expo window that faces the countertop diners, and main dining room. The kitchen has an expansive Type-1 Hood, Grills, Griddles, Fryers, a walk-in Fridge and Freeze, and ample prep and storage areas. A full equipment list can be provided upon request, but this space is being leased FULLY EQUIPPED!!The lease is fantastic with a fixed base rent of $10k/month for the remainder of the first term, plus 7% on revenue above $1.7million annually.Please reach out now to learn more about this wonderful upgraded and equipped restaurant FOR Sale in a wonderful Sonoma community!Financial Information:Monthly Revenue: $125,000Monthly Cash Flow: Contact For Info Annual Revenue: $1,500,000Annual Cash Flow: Contact For InfoGeneral Info:Ownership: Partnership Established: 1989Current Owner: 2015 Employees: 15 /- Reason For Sale: RetirementMonthly Rent: $10,000 base rent NNNs or 7% of Sale Expiration: March 15th 2029 plus 1 -5yr OptionFacilities:Square Feet: 3,480Seating: 140 (tenant could build garden patio in front of the building) Parking: Dedicated Parking lot / Share HOTEL parking lot Licenses: Tenant to Obtain Type 41 or 47 ABC license, Business & Health Days/Hours of Operation: Breakfast, Lunch & Dinner

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Cash Flow Not Disclosed
Revenue $1,500,000

Asking Price: $1,475,000

Bar/Restaurant/Patio/Brewery & Exquisite Hotel

San Luis Obispo, CA
San luis obispo County

Bar/Restaurant/Patio/Brewery & Exquisite Boutique 5 Room Hotel – Downtown San Luis ObispoRRC# 5033 Location: San Luis Obispo County Description:In the Heart of Southern California’s Wine Country between Paso Robles and Santa Barbara sits San Luis Obispo. A beautiful region, close to the ocean, wine country & the city of San Francisco. For sale is a well-established 5,000 sq ft Bar & Restaurant with a valuable ABC Type 75 Brew Pub License giving the ability to sell hard liquor, 1,000 sq ft Mezzanine private dinner space, small brew room and 2,200 sq ft Patio overlooking the Creek. Bar/Restaurant seats 120, private dinner space seats 50 & the patio seating an additional 100 & 5 large beautifully decorated hotel rooms for an additional 5,000 sq ft. Total space 17,986 sq ft.$1.5 million total annual sales revenue with 50% from the rooms. This makes the profits stable and covers for the bar/restaurant. The Bar and Restaurant is fully renovated and the kitchen, turnkey. A new owner should be able to take this business to $5 million in annual revenues with TLC and consistent opening hours. This is a highly confidential sale, and all potential Buyers will need to provide their background restaurant/business experience and financial status to the Broker prior to receiving the name, address & financials for this successful operation.To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail. No Broker Coop.Financial Information:Monthly Revenue: Contact for Info Monthly Cash Flow: Contact for InfoAnnual Revenue: Contact for InfoAnnual Cash Flow: Contact for Info

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Cash Flow Not Disclosed
Revenue Not Disclosed

Asking Price: $124,900

Property “House Flipping” Management: Philly PA

Philadelphia, PA
Philadelphia County

This is a mature business specializing in “Home Flips” (buy-fix-and sell). The owner will not need any prior experience because the highly experienced parent company will oversee and fully support your enterprise. Your local office runs “day-to-day” operations of all the pending investments. Step into immediate, predictable and multiple revenue streams of income. Totally recession proof business. Whether the real estate market is booming or down; distressed properties are available via foreclosure, divorce, inheritance, etc. We provide real estate solutions by buying, fixing, and selling residential properties. The owner will oversee the business’s general operations including executing your marketing plan, approving budgets, meeting with sellers, determining the best exit strategy for each property, and managing your business’s “Key Performance Indicator’s”.The business has the opportunity for continual and nearly unlimited growth depending on the owner’s time commitment. Your office will be partnered with a well-established and recognized brand with over 30 actively operating units nationwide. Step in, become fully trained, and start making a great income. This business can be run “homebased”. No prior construction, home improvement or real estate experience is needed.Contact Peter for detailed information about this business.

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Boutique Hotel for Sale on the Plaza - Restaurant Real Estate!

Kansas City, MO
Jackson County

Restaurant Real Estate for Sale! Southmoreland, a unique boutique hotel, offers self-service in a historic mansion near KC's top attractions. Perfect for business or getaways, its location puts you in the heart of the action with easy access to everything. Expect exceptional amenities and surprisingly delightful service!! Great location!! This historic property presents a rare opportunity for those seeking a unique opportunity in a high-traffic, desirable location. Perfect for business travelers, weekend getaways, or corporate retreats, Southmoreland features flexible accommodations where guests can rent individual suites or reserve the entire property for larger gatherings. With its 2020 renovation and Kansas City's growing hospitality market, this property continues to thrive, offering an excellent investment in both lodging and Restaurant Real Estate for Sale.This Boutique Hotel for Sale, offered by We Sell Restaurants, is situated in Kansas City's most desirable submarket, Southmoreland provides unparalleled walkability to key destinations, including the Country Club Plaza, the Westport Entertainment District, the Nelson-Atkins Museum of Art, the Kansas City Art Institute, and the Kemper Museum of Contemporary Art. The surrounding area is rich with dining, shopping, and entertainment, making it an ideal environment for businesses looking for restaurant space for lease. With the upcoming Main Street streetcar extension set to open in spring 2025, the location will offer even greater accessibility, connecting guests and patrons to Crown Center, the Crossroads Arts District, the Central Business District, and the River Market.Designed to blend timeless elegance with modern convenience, Southmoreland features luxurious accommodations, including rooms with jetted bathtubs, fireplaces, and private balconies. The property's fully equipped commercial kitchen enhances its potential as a hospitality hub, making it an excellent choice for those in search of a unique opportunity. The hotel's setting in a high-occupancy arts district ensures consistent foot traffic from both locals and visitors, providing an ideal foundation for a thriving restaurant or café. Whether you are looking to establish a new dining concept, expand an existing business, or invest in Kansas City's growing food and hospitality scene, this Boutique Hotel for Sale with Restaurant Real Estate offers endless possibilities in a prime location.By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

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Cash Flow Not Disclosed
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Successful Vacation Rental Prop Mgmt Franchise

Not Disclosed, CO
Not disclosed

Successful Vacation Rental Prop Mgmt Franchise - Great LocationThis company provides short-term rental of 20 private homes, including rent, cleaning fees, and other miscellaneous guest fees. It is a franchise of a highly successful international vacation rental property management company with local property management companies based in destinations from coast to coast. The franchisor provides all the software required to manage the business. This includes a reservation system connected to distribution channels and an integrated maintenance/task management system. It has one of the best guest marketing programs in the industry. It manages more than 20 rental properties and has a strong base of loyal property owners under contract. The majority of properties are single-family homes with exceptional vacation appeal.Seller Financing Available for a Well-Qualified Buyer.This business has been Lender Prequalified, which means you could own a business cash flowing over $128k for only 10% down!Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country - listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!

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Cash Flow $128,986
Revenue $1,230,136
$ Owner Financing Available

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