Buy a Business

Advert Ref: 747

Historic Downtown Hotel For Sale

Details: Asking price:$299,000; Sales revenue:$56,339; Net profit:< $250k; Fixtures value:$28,510; Inventory value:Undisclosed

Business description: One of the most historic buildings in this small community with a lot of interesting history to it. It is the only Downtown Hotel. There are 20 different unique rooms which include 7 suites. The current owner has updated some of the rooms and has recently installed new beds. Hotel has daily and weekly customers and has free wireless wi-fi high speed internet service. This hotel is in a small town that has had a lot of growth in the last few years, and would make a wonderful Bed & Breakfast.

General information: Years established:120; Employees: 2; Support & training:Neg; Reasons for selling:Moving Out Of State