Holiday Inn For Sale
Location Ohio,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1800000
Net Profit / Cash Flow $200000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2008
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Description This recently renovated Holiday Inn for sale is a two-story, interior-corridor, 150-room hotel and convention center sited on seven acres on State Route 72 and I-70 at Exit 54. The hotel has a restaurant; bar/lounge with game room; banquet facility seating 450 guests; eight meeting rooms; and, an atrium pool with spa. The hotel is close to Cedarville University, Wittenberg University, Urbana University, Clark State and nearby Wright State University. The hotel is selling for less than three times revenue and there is an assumable SBA loan with approximately $1.9 million remaining.
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