#Business ID: 15366

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Almost New Hampton Inn In Southern Michigan

Business Location: Michigan, United States

Asking Price: $ 5,395,000

Revenue: $ 1,670,000

Cash Flow: not disclosed

[Furniture / Fixtures included]

Business Summary

Newer beautiful Hampton Inn 3.5 years old. Sixty-six rooms - breakfast area, fitness center, indoor pool, and much more!!!! Absent owner. Revenue GROWING EVERY YEAR!!! TRAILING 12 MONTHS REVENUE $1,670,000. Jan.-Feb. up almost $55,000 for 2012. Low PIP. Owner says sell it! Asking price is less than 3.5 times for a premium property! Located in a strong economy area. That's a Great Deal!!!

Down Payment: $5,395,000
Total Assets: $6,025,000
Sellers Discretionary Earnings: $1,670,000

Property Details

Years Established:

2008

Property Type:

Real

FF&E:

$ 4,100,000

Business Operation Details

Employees:

Full Time: 0

Trading Hours:

24/7

Miscellaneous Details

Reason For Selling:

out of state -other properties

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