Business DescriptionGateway Business Brokers has determined the owner/seller has met our qualification standards of being an established, profitable, bankable business. This is the starting point of our SCS system that has proven to deliver results 3x or more industry standards and helps those we work with experience our mission of receiving the highest customer satisfaction ratings in North America. To obtain a thorough overview of this business, hit the CONTACT SELLER button.
Description
This is a rare opportunity to acquire a prestigious 121-room Inn, positioned in a prime location. This property presents a unique investment in the thriving hospitality market, offered confidentially to select, qualified buyers.
High-end finishes, state-of-the-art technology, and elegant furnishings define each space, ensuring a memorable stay for all visitors. Strategically located, the hotel benefits from high visibility and accessibility, attracting both leisure and business travelers. Its proximity to major attractions, business centers, and transportation hubs makes it a preferred choice for visitors to the area.
Discover the potential of this distinguished 121-room Inn, a lucrative investment in a dynamic and growing sector of the hospitality industry.
The sale is structured as an Asset Sale. Working Capital shall be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions.
Financial Information
Annual Revenue and Net Operating Income, with October 31 year end:
2022
Revenue: $3,550,000
NOI: $1,220,000
2019
Revenue: $3,590,000
2018
Revenue: $3,600,000
Real Estate
This prominent Inn is situated on a 2.87 acres of land, with fully functioning amenities such as business centre, swimming pool, a restaurant, and function halls.
For more information on this listing, please complete our Non-Disclosure Agreement
Complete NDA for Full Overview
