$Seller Financing Available
| Asking Price |
$2,500,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$863,000 | Real Estate |
$2,500,000* |
| Cash Flow |
$325,000 | Year Established | 1960 |
| FF&E |
N/A | Employees | 10 |
* included in the asking price
** not included in the asking price
82 Unit Hotel with Pool - currently independent but could be franchised or flagged as an economy type hotel. Built new in 1991 with additions in 1995 and 1997 40 year history by single owner Great highway frontage with over 5 acres Strong regular customer base and almost 100 direct bill accounts Large Indoor water slide, pool and hot tub 4 Bedroom 2 Bath House on the property Restaurants and lounges nearby as well as other area attractions Summary: Built new in 1991 after a fire had destroyed the original property. Property has a large variety of regular rooms and suites with rates ranging from $39 to $103/per night. Owner does a good job of replacing things. Sales are consistently around $500-800,000 annually. 2009 sales are ahead of 2008 year to date.
Facilities: Built new in 1991 with additions in 1995 and 1997. Well maintained.
Competition: Fast growing market with big upside potential.
Growth/Expansion: Large opportunity for growing revenues. Little is spent on advertising and promotion.
Seller Financing Available: Yes
Financing: Available for well qualified buyer with track record
Support/Training: Owner will stay and train new buyer
Reason Selling: other interests/retirement

Robert Klinger
701-388-3304
Veracity Business Brokerage
To inquire about this business for sale, click the Reply button below


The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms & conditions before responding to any ad.

