Newly Renovated Brand Name Hotel for Sale

Chicago, IL
Cook County

Asking Price: Annual Revenue:
$27,000,000 $6,150,000

Services: Hotel, Motel, Lodging

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RE: Newly Renovated Brand Name Hotel for Sale Broker: Ken Stein

Quick Facts

Asking Price: $27,000,000
Annual Revenue: $6,150,000
Net Profit: Not Disclosed
Cash Flow: $2,289,000
Total Debt: Not Disclosed
FF&E: $22,000,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 37964701
Broker Reference #: 14114

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Business Overview:

We represent a rare passive investment opportunity in an affluent Chicago suburb. This fully completed, top brand name hotel has been fully renovated to the fine standards of a luxury hotel. Improvements include business meeting rooms, luxurious accommodations and a very large banquet hall which can seat 250 people. The renovation was completed in 2018 and the Hotel is fully operational with a top-rated management company in place. A new owner or group will see healthy returns on their passive investment. This 120+ room hotel is on pace to have sales of $6,150,000 with earnings $2,289,000. Detailed financials are available for qualified candidates only.

Please ask for listing #14114 when inquiring about this opportunity.

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Additional Details:

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

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