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Nationally Branded Hotel
Location: United States -> Alaska
Industry: Hotels and Holiday Accommodation > Hotels




Business Summary

Seventy five plus room keys, nationally branded hotel strategically located in Anchorage. Priced less than appraisal. Hotel has been periodically upgraded and boasts a bistro/restaurant, meeting rooms, retail salon, business center, fitness center, and on-site guest laundry. Two revenue streams shelter hotel from seasonal tourism. A potential best use for this property may be its conversion to an assisted living facility. NDA required prior to releasing the package.

Profitable icon and landmark of Anchorage.

Competitive Overview Hotel & accommodation growth in Anchorage, AK has likely outpaced tourism demand. That said, there is very little land in Anchorage available or development without demolishing existing structures.

Potential Growth The demand for assisted living facilities to accommodate the elderly in Anchorage is on the rise and as baby boomers continue to age this impact will continue to be felt.

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Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $3,036,638
Cash Flow:   $624,429
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2018
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

About The Sale

Management Training and Support:  6 weeks
Reason For Selling:  retiring

Photos

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Nationally Branded Hotel Photo 1




Print Listing Id: 700330877
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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 > Alaska Businesses For Sale > Alaska Franchises For Sale > Alaska Business Brokers



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