Independent Hotel For Sale
Location Mississippi,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1700000
Net Profit / Cash Flow $260000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1973
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Description This two-story, 118-room, interior-corridor, full-service hotel for sale is sited on seven acres located next to the Vicksburg National Military Park and Museum off of Interstate 20. The property includes a restaurant; sports lounge with game room; banquet and meeting rooms; courtyard pool and barbeque grill; miniature golf and basketball; and, guest laundry. The restaurant and sports lounge are leased to an independent operator. The banquet facilities accommodates up to 600 guests with on-site catering. The hotel is selling for approximately three times revenue.
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