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Quality Inn & Suites
Location: United States -> Texas -> West Texas
Industry: Hotels and Holiday Accommodation > Hotels




Business Summary

100 Units: Completely renovated to the best Quality Inn & Suites, in West Texas. You must to see the property. 150 guest rooms with 100 rooms in perfect renovated condition. Four banquet halls Sold out for rest of year and genrate good income. 4,000 sq ft of extra storage space in building which could be rented for extra revenue. Property features restaurant, bar, large atrium, Executive Atrium, indoor pool and hot tub, laundry machine, and exercise room. Property is concrete structure and is located on Prime Location. Facility has high speed internet access in every room as well as wireless all over the property. Property has done more than $1,200,000 last year, and is trending upward. A sound investment with enormous profitability potential in hotel operations. Offring price is $3.5 Million only. Email or call 713-937-3337 for more information on this Quality Inn & Suites Hotel business for sale.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $1,400,000
Cash Flow:   $500,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,500,000
Seller Financing:  Yes

About The Business

Year Established:  1985
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Managment and Staff will stay and seller will help
Reason For Selling:  Other business interests.




Print Listing Id: 70040685
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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 > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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