Independent Hotel For Sale
Location:
United States
->
Mississippi
->
Vicksburg
Industry: Hotels and Holiday Accommodation > Hotels
Business Summary
This two-story, 118-room, interior-corridor, full-service hotel for sale is sited on seven acres located next to the Vicksburg National Military Park and Museum off of Interstate 20. The property includes a restaurant; sports lounge with game room; banquet and meeting rooms; courtyard pool and barbeque grill; miniature golf and basketball; and, guest laundry. The restaurant and sports lounge are leased to an independent operator. The banquet facilities accommodates up to 600 guests with on-site catering. The hotel is selling for approximately three times revenue.
Financials
Asking Price Range: $2.5M - $5.0M
Gross Revenues:
$1,700,000
Cash Flow:
$260,000
Cash Flow Type: EBITDA
Seller Financing: Not Disclosed
About The Business
Year Established: 1973
Number of Employees: 10 - 19
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Owned
Property: Property For Sale
Click on the "I'm Interested" button above for more information on this Hotels and Holiday Accommodation > Hotels business for sale.
|
Print Listing Id: 700114651
|
Business and Commercial Loans
Over 300 Lenders are waiting to help you with Financing for Business Purchase, Franchise, Commercial Mortgage or Equipment - Get Financing Now!
|
|
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
|
|
|
