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Businesses For Sale   >>   Education Businesses For Sale   

Profitable Operating Hotel For Sale

Location  Indiana,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $400000
Net Profit / Cash Flow  $150000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1976
Number of Employees  1 - 3
Inventory  360000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Owner is prepared to offer some training as may be needed
Reason for Sale  Owner is selling due to health reasons

Description  
Profitable Operating Hotel Priced For Quick Sale at $1,200,000! This is a 100,000 sq.ft property and the real estate alone is valued at approximately $2,000,000! This is a 120 unit hotel that is 95% renovated and just needs someone to come in and finish what was started!. Non-flagged to allow for flexibility and profitability. The Selling price is $10,000 per room for an operating hotel, unheard of in today's market! The hotel has been established since 1976 and is open 24 hours a day, 7 days a week. Owner may finance a small portion but this hotel should be self financing or SBA is available!Located in Allen County, Indiana, this hotel covers 100,000 sq.ft. This area's economy is based on manufacturing, education, insurance, health care, logistics, and defense and security. The city has been an All-America City Award recipient for years including 2009. Known as a truly surprising and inspiring city, it has one of the best zoos in the U.S., world-class arts and theatre and more. Call Matchmaker Business, inc. 321-452-3462.


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