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Hotels For Sale In CA / OH
Location: United States -> Indiana -> Indianapolis
Industry: Hotels and Holiday Accommodation > Hotels



Business Summary

Our investment group clients' are retiring and looking to sale their two hotels' in OH / CA. Both have appraisal / BPO for over $25 million each. Both hotels have over $6 million yearly NOI numbers for 2011-14 and a very good management team in place.

The new owner(s) will receive a cash-out up to $2 million at closing. We have everything in place to close by the end of the month. And when the time comes we will help the new owner(s) refinance everything if needed.

Financials
Asking Price Range:  $10.0M - $20.0M
Gross Revenues:   $6,000,000
Cash Flow:   $3,000,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $18,000,000
Seller Financing:  Not Disclosed

About The Business
Year Established:  2008
Number of Employees:  50 - 99
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale
Management Training and Support:  Yes
Reason For Selling:  Down sizing




Print Listing Id: 700227629
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Indiana Businesses For Sale > Indiana Franchises For Sale > Indiana Business Brokers



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