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58 Unit Limited Service Independent Hotel
Location New Hampshire,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $990000
Net Profit / Cash Flow $400000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1973
Number of Employees 6 - 9
Inventory 200000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Reason for Sale Other business interests.
Description This hotel is currently being operated as part of the adjacent resort. These 58 units are being offered separately. The restaurant at the resort next door is available to offer food service and meal plans. This offering provides a new owner the opportunity to enter the dynamic local tourist market at a proven location in a manner that will be faster and less expensive than building a new hotel property. 58 units consisting of luxury suites, motel rooms, and cottages on 5 +/- acres. Indoor and outdoor pools, jacuzzi. Well kept facility with many renovations and improvements. Extra land with municipal water and sewer allow for additional expansion and growth. Located in a rapidly growing 4 season resort community. This hotel includes just the real estate, not the business name and other intangible assets.
Cash Flow Comments: Proforma based on 2008 actual revenue and estimated expenses related to this portion of the resort. This hotel is operated as part of the adjacent resort and the financials are combined.
Gift Shop Inventory can be purchased separately if desired.
Offered at $2,900,000.
Email or call 1-888-988-0999 for more information on this Hotel for sale.
Click Here To Contact Seller
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