Profitable Operating Hotel In Allen County
Allen County, Indiana
| Asking Price: |
Gross: |
Cash Flow: |
| $1,200,000 |
$400,000 |
$150,000 |
Furniture and Fixtures Value:
$350,000 (included in the asking price)
Inventory Value:
$10,000 (included in the asking price)
Real Estate:
$2,000,000 (included in the asking price)
Business Summary:
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!
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| Year
Business was Established: 1976 |
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| Number of Employees:
3 |
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| Facilities / Terms of Lease:
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. |
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| Potential
Growth/Expansion:
Expansion and growth opportunities include franchising, upgrading, marketing, and running at full capacity. |
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| Competition:
Some competition |
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| Owner
willing to finance:
Owner financing is available. Please contact the seller for more information |
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| Owner
willing to train:
Owner is prepared to offer some training as may be needed |
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| Reason for selling:
Owner is selling due to health reasons. |
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| REQUEST MORE INFO |
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