165 Room Clarion Hotel
www.GlobalBX.com
Listing ID:
70066287
Listing Title:
165 Room Clarion Hotel
Quick Link:
http://www.globalbx.com/listing.asp?bId=66287
Industry:
Hotels and Holiday Accommodation
Industry Segment:
Hotels
Country:
United States
State / Province:
Virginia
Area
City:
Asking Price Range:
$5.0M - $10.0M
Gross Revenues:
Seller Will Provide
Cash Flow:
$619,000
Cash Flow Type:
EBITDA
Year Established:
1978
Number of Employees:
6 - 9
Business Description:
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.
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