Reduced Price - 43 Room Franchisable Hotel
Location Colorado,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $553000
Net Profit / Cash Flow $120000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1997
Number of Employees 6 - 9
Inventory 280000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Ask if needed.
Description $2,150,000 Reduced Offering Price
43 Guest Rooms and Suites
Email or call: Greg Van Gieson - Owner
FSBO - 719-580-0991
Reduced price - The Owner is pleased to offer for sale the 43-unit Franchisable Hotel located in South Fork, Colorado (the Property). The Property address is 0182 E Frontage Rd, South Fork, Colorado 81154, located downtown, a quarter of a mile west of the intersection of Hwy 149 and Hwy 160. Hwy 160 is the main east/west route between Interstate 25 and Southwestern Colorado.
Originally built to Comfort Inn by Choice International's stringent specifications, the 2-story, interior corridor hotel for sale features jacuzzi suites, a family suite, an extended stay suite convertible to a manager's apartment, king bedded rooms, and twin queen bedded guest accommodations. The 43 guestrooms feature the latest in-room amenities for guest convenience and comfort including individually air conditioned rooms, wireless high-speed Internet access, am/fm radio alarm clock, coffeemaker, hairdryer, iron with ironing board, and 27 inch cable television. The property offers a 2-story lobby, heated indoor swimming pool with hot tub, an exercise room, 1000sqft conference room, administrative office, combination housekeeping and laundry area, guest laundry facility, and continental breakfast area. The property was constructed in 1997 and located on a parcel, which is generally rectangular in shape with a size of 1.31 acres or approximately 57,063 (+/-) square feet.
One of South Fork's major tourist attractions is Wolf Creek Ski Area which boasts the ''Most snow in Colorado'' averaging more than 465 natural inches per year. The ski area is located on Wolf Creek Pass, only 17 miles from the hotel, which makes the Property the closest hotel to Wolf Creek Ski Area. There is great anticipation of the construction of a 10,000 person commercial and residential development at Wolf Creek Ski Area which will add a significant increase in traffic to South Fork.
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