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Lodging Property Near Wolf Creek Ski Area
Location: United States -> Colorado -> South Fork
Industry: Hotels and Holiday Accommodation > Holiday Resorts




Business Summary

Established lodging property for sale in mountains near Wolf Creek Ski Area and PGA golf course with 15 cabins, 3 bedrooms owners quarters, work shop, on site laundry for lodge, employee efficiency/dorm quarters on site, hot tub, storage. Property accommodates up to 100 people and handles groups as well as individual guests. This is a viable business opportunity and not suitable for a buyer seeking a part time venture. Offers 3+ seasons with all outdoor sports and attractions located nearby, good occupancy, prime location, room for expansion, plus a good financial history. Many upgrades including new gas lines throughout entire property, new roofs & upgraded cabins. Financials available from 2003 to date. Offered turnkey with advance reservations in place into 2011. Reduced from $1,195,000 to $925,000. Room sales exceeded$240,00 in 2007, $220,000 in 2008, $220,000 in 2009 with 2010 sales numbers are strong as well. Many other uses may be incorporated into the lodging business due to desirable CB zoning. For more information, email or call Scott Stecken, Colorado Independent Broker at cell (719) 588-9394.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   $120,000
Cash Flow Type:  EBITDA
Seller Financing:  Yes

About The Business

Year Established:  2002
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale

Management Training and Support:  Negotiated in contract to purchase.
Reason For Selling:  Health issues.

Photos

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Lodging Property Near Wolf Creek Ski Area Photo 1 Lodging Property Near Wolf Creek Ski Area Photo 2 Lodging Property Near Wolf Creek Ski Area Photo 3




Print Listing Id: 70096818
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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 > Colorado Businesses For Sale > Colorado Franchises For Sale > Colorado Business Brokers



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