Services - Hotels & Other Lodging | Retail - Miscellaneous Retail

$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