It has been determined that the owner/seller has met our qualification standards of being an established, profitable, and bankable business. This is the starting point of our SCS system, that has proven to deliver results three times or more industry standards and helps those we work with experience our mission of receiving the highest customer satisfaction ratings in North America. To obtain a thorough overview of this business, hit the CONTACT SELLER button. Once completed, you will receive an automated email from our system that will provide you with a link to complete a Non-Disclosure Agreement (NDA).
Description
This is a rare opportunity to acquire a prestigious 121-room Inn, positioned in a prime location. This property presents a unique investment in the thriving hospitality market, offered confidentially to select, qualified buyers.
High-end finishes, state-of-the-art technology, and elegant furnishings define each space, ensuring a memorable stay for all visitors. Strategically located, the hotel benefits from high visibility and accessibility, attracting both leisure and business travelers. Its proximity to major attractions, business centers, and transportation hubs makes it a preferred choice for visitors to the area.
Discover the potential of this distinguished 121-room Inn, a lucrative investment in a dynamic and growing sector of the hospitality industry.
The sale is anticipated to be an Asset sale.
By completing the NDA and becoming adequately qualified, you will be sent a full Offering Memorandum that will answer most, if not all, of your questions.
Financial Information
Annual Revenue and Net Operating Income, with October 31 year end:
2023
Revenue: $4,025,000
NOI: $1,417,000
2022
Revenue: $3,550,000
NOI: $1,220,000
2019
Revenue: $3,590,000
2018
Revenue: $3,600,000
Operations
This prominent Inn is situated on a 2.87 acres of land, with fully functioning amenities such as business centre, swimming pool, a restaurant, and function halls.
