Lodging Property Near Wolf Creek Ski Area
Location Colorado,United States
Asking Price Range $500K - $1.0M
Gross Revenues $244000
Net Profit / Cash Flow $120000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2002
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Negotiated in contract to purchase.
Reason for Sale Health issues.
Description Established lodging property for sale in mountains near Wolf Creek Ski Area and PGA golf course with 15 cabins, 3 bedrooms owners quarters, work shop, on site laundry for lodge, employee efficiency/dorm quarters on site, hot tub, storage. Property accommodates up to 100 people and handles groups as well as individual guests. This is a viable business opportunity and not suitable for a buyer seeking a part time venture. Offers 3+ seasons will all outdoor sports and attractions located nearby, good occupancy, prime location, room for expansion, plus a good financial history. Detailed financials available from 2003 to date. Offered turnkey with advance reservations in place into 2009. Reduced from $1,195,000 to $905,000. Room sales exceeded $240,000 in 2007 without all units online and ski season starting 30 days late due to lack of snow. Many other uses may be incorporated into the lodging business due to desirable CB zoning. For more information, email or call Scott Stecken, Colorado Independent Broker at cell (719) 588-9394.
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