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Businesses For Sale   >>   Hotels Businesses For Sale

Historic Hotel With Full Service Restaurant & Bar

Location  Iowa,United States
Asking Price Range  $250K - $500K
Gross Revenues  $323859
Net Profit / Cash Flow  $42227
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1902
Number of Employees  10 - 19
Inventory  353583
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned

Description  
This historical establishment was originally built in 1902 and is an institute within its community for events and special occasions. The hotel currently has eight rooms for daily rental, five remodeled apartments with full occupancy, commercial space, a full service restaurant and bar with dual banquet rooms. This business is exquisite on its own from the classic oak woodwork to the antique chandeliers, it is hard to find a business like this that has an established history at a fair asking price. Inquire to learn more about this hotel located in northeastern Iowa. Assets will include $53,583 of equipment , fixtures, and furnishings. The building and land is valued at $300,000. Priced at $299,999 + Inventory. Ask for portfolio number 0619.


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