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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.




Print Listing Id: 70066287
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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 > Virginia Businesses For Sale > Virginia Franchises For Sale > Virginia Business Brokers



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