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63 Room Franchise Hotel for Sale

Dallas, Texas (Tarrant County)

Services - Hotels & Other Lodging | Retail - Miscellaneous Retail

Asking Price $5,500,000 Inventory  
Gross Income $1,550,000 Real Estate $6,000,000* 
Cash Flow $800,000 Year Established 1998
FF&E $1,000,000* Employees N/A

* included in the asking price

** not included in the asking price

Property Description: NOTE: For more information and location specific, please fill out attach CA agreement and email/fax it back. This is a franchise interior hotel located in DFW area. Property was build in 2000 and has been one of the top 10 properties amongst its franchise locations in Texas. Property does not have any pending PIP items and was renovated in 2007. Hotel did about $ 2 million in gross room revenue in 2008 and about $1.95 million in 2007. Hotel offers an array of amenities, including pick and drop airport shuttle service, free wireless throughout the property, free continental breakfast, outdoor spa and pool, business center with copying, printing, faxing and scanning facility, fitness center with Treadmills, Elliptical, Exercise Bike, Weights and Universal Weight Machine. Meeting room which has a capacity of about 100 guest and guest laundry. Location Description: Property is located in DFW area on a major highway. Hotel is surrounded by major employeers and is closer to DFW area. Property has great potential and is currently running as owner absentee. Hotel is a steady business with great positive cash flow. (CASH FLOW BEFORE DEBT SERVICES IS $800,000 Annuallly)

Attachments: Download additional information (PDF)

Facilities: This is a franchise interior hotel located in DFW area. Property was build in 1999 and has been one of the top 10 properties amongst its franchise locations in Texas.

Competition: Property is located in DFW area on a major highway. Hotel is surrounded by major employeers and is closer to DFW area. Property has great potential and is currently running as owner absentee. Hotel is a steady business with great positive cash flow.

Growth/Expansion: Property is located in DFW area on a major highway. Hotel is surrounded by major employeers and is closer to DFW area. Property has great potential and is currently running as owner absentee. Hotel is a steady business with great positive cash flow. Hotel has been running with owner being absentee from location.

Financing: 63 Room Franchise Hotel for Sale

Support/Training: Franchise and Seller training available

Reason Selling: Partnership Dispute

Business For Sale By

Sam Tabani

214-226-7500

Tabani Realty and Mortgage

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