Business Overview

Beautiful Hotel near major shopping and restaurants!

84 interior guest room hotel with a fitness center, business center, meeting room, and indoor pool
Strategically located off major highway and near major shopping and restaurants!

Amazing investment opportunity!

Asking Price: $7 Million
Revenue: $1.4-1.6 Million

Recently Renovated! Dont Miss This Opportunity!!

Financial

  • Asking Price: $7,000,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals choose to sell businesses. Nonetheless, the true reason vs the one they tell you may be 2 absolutely different things. As an example, they might say "I have way too many various obligations" or "I am retiring". For numerous sellers, these factors stand. However, for some, these may simply be excuses to try to conceal the reality of transforming demographics, increased competitors, recent reduction in profits, or an array of other reasons. This is why it is extremely vital that you not count entirely on a vendor's word, but rather, make use of the vendor's response combined with your general due diligence. This will paint a more sensible picture of the business's current scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which many businesses are, then you will need to consider this when valuating/preparing your deal. Lots of companies finance loans with the purpose of covering things such as supplies, payroll, accounts payable, etc. Keep in mind that in some cases this can mean that revenue margins are too small. Numerous companies fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to consider. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that must be met or might result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the location draw in brand-new customers? Often times, businesses have repeat customers, which create the core of their everyday earnings. Specific variables such as new competition sprouting up around the area, roadway construction, as well as personnel turnover can impact repeat consumers as well as negatively impact future incomes. One vital point to consider is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Clearly, the more individuals that see the business on a regular basis, the higher the chance to build a returning client base. A final idea is the basic location demographics. Is the business located in a densely inhabited city, or is it situated on the outskirts of town? Just how might the neighborhood median household income effect future revenue prospects?