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#Business ID: 15375

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Three Story Hotel In Illinois

Business Location: Illinois, United States

Asking Price: $ 1,450,000 Revenue: $ 438,394 Cash Flow: not disclosed

Business Summary

Three story brick hotel with conference center located in a progressive north western Illinois town. Amazing views of the historic Mississippi River. This place has everything! A total of 122 rooms, indoor pool, breakfast room, exercise room and more. The conference center is used for business meetings, weddings and parties. Coin-operated guest laundry on site too for visitors with extended stays. Hotel has two manager apartments and 3 family suites. This location received 4 out of 4 star rating from 2012 franchise directory. Presently branded with a national flag, but can be changed to a new flag. Seller has moved from the area and is motivated. Asking price of $1,450,000 but will consider owner financing to qualified buyer. This an excellent opportunity for an owner operator to live on site and generate a good cash flow.

Down Payment: $1,450,000

Property Details

Property Type:

Lease

Business Operation Details

Employees:

Full Time: 0

Miscellaneous Details

Reason For Selling:

Absentee Owner

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