165 Room Clarion Hotel
Location:
United States
->
Virginia
Industry: Hotels and Holiday Accommodation > Hotels
Business Summary
Franchise name Clarion 165 room fully renovated new plumbing, new hardware,new inside outside fully renovated fully renovated like new.
gross before renovation room $1.1 million plus pub income $174,000 so total gross was $1.274 million. $2 million spent on revovation of this hotel. Land 3.17 acres. Three story out door pool. Net operating income $619,000 cap over 9.39%. Asking price $6 million. Good deal. Lot of gold courses including PGA. Contact for more information on this Clarion Hotel for sale.
Financials
Asking Price Range: $5.0M - $10.0M
Gross Revenues:
Seller Will Provide
Cash Flow:
$619,000
Cash Flow Type: EBITDA
Seller Financing: Not Disclosed
About The Business
Year Established: 1978
Number of Employees: 6 - 9
Relocatable: Not Disclosed
Franchise: Yes
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Yes.
Reason For Selling: Other businesses.
Click on the "Contact Seller" button for more information on this Hotels and Holiday Accommodation > Hotels business for sale.
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Print Listing Id: 70066287
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