Gateway Business Brokers has determined the owner/seller has met our qualification standards of being an established, profitable, bankable business. This is the starting point of our SCS system that has proven to deliver results 3x 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
With its 88 exquisitely appointed rooms, this prestigious property offers an exceptional opportunity to own a piece of the city's rich history and a thriving future in the hospitality industry.
The hotel is updated with elevators and with fully operational facilities such as swimming pool, fitness room, and many more.
The sale is structured as an Asset Sale. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions.
Financial Information
Annual Revenue and Net Operating Income
2023 (Year end March 31)
Revenue: $3,170,000
NOI: $1,190,000
2022
Revenue: $2,000,000
2020
Revenue: $2,620,000
2021
Revenue: $2,680,000
Real Estate
The property is located on 3 acres of land.
For more information on this listing, please complete our Non-Disclosure Agreement
Complete NDA for Full Overview
