80 Unit Franchised Hotel
Location: United States -> Oklahoma
Industry: Hotels and Holiday Accommodation > Hotels
Businesses for sale Summary
This property is located directly adjacent to and very visible from a busy interstate in Central Oklahoma. It features 80 guest rooms (standards and suites) in two separate buildings. 60 of these guestrooms were gutted and completely renovated in 2005, 20 more units were renovated and converted to studio suites in 2007, everything brand new. To see more, including pictures, go to: lodgingindex.com/OK081208EO/
Advertised Price: $2,900,000. Contact for more information on this Hotel franchise for sale.
Financials
Asking Price Range: $2.5M – $5.0M
Gross Revenues: $830,000
Cash Flow: $830,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1976
Number of Employees: 4 – 5
Relocatable: Not Disclosed
Franchise: Yes
Current Real Estate: Owned
Property: Property For Not Applicable
About The Sale
Reason For Selling: Building new project on East Coast.
