Services - Hotels & Other Lodging

Asking Price	$7,500,000	Inventory
Gross Income	$2,129,000	Real Estate
Cash Flow	$850,000	Year Established	N/A
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

ANXIOUS SELLER - SHORT SELL POSSIBLE WITH QUALIFIED BUYER! The franchise hotel, restaurant and lounge features 4 buildings with 144 guest rooms - 41 rooms with king-sized beds and 33 rooms with two queen-sized, 70 rooms with two double beds, all located on 2 acres. Hotel amenities include a free continental breakfast, free newspaper, heated outdoor pool, fitness center, game room, 24-hour business center which features copy and fax service, laundry service and wireless internet access. For fun food & spirits, there is the restaurant and lounge for great dining. The hotel also features 2,200 square feet of flexible meeting space. The hotel was appraised in the past 6 months with an appraisal value of $9,200,000. With this in mind, the hotel has shown a trend of consistent revenue along with an excellent location and very reputable franchise.

Facilities: Rooms are available in a King, Queen, Double double and Handicapped. All rooms are equipped with standard amenities including air conditioning, alarm clock/ radio, private bathroom with bathtub/shower, vanity, microwave/refrigerator, coffee maker, wireless high-speed Internet Access, hairdryer, iron and board, smoking rooms (available upon request), 27 inch color cable TV, free HBO and speaker telephone with data port.

Competition: There are six major competitors in the area. They are as follows: (1) Comfort Inn, (2) Days Inn, (3) Fairfield Inn, (4) Red Roof Inn & Suites, (5) Howard Johnson and (6) Holiday Inn.

Reason Selling: Other Business Interests