Close

Choose your country

Or view all businesses for sale

Worldwide

Reference: SG 7454

ID: MV0219

Branded Hotel Business & Property In Michigan

United States

Profitable operation. Located in the vicinity of other AAA credit businesses right off a highway exit and a commercial area.

Reference: SG 7454

ID: MV0219

Register Interest
Revenue:
$2.5m
Profitability:
28%

Location

Grand Rapids - MI

Business Description

Over 2,500,000 sales per year average. 105 rooms 3 story hotel that was built in 2013. 65 – 95% occupancy. PIP has been done in 2016 and 2017.

100% smoke-free, pet-friendly hotel provides friendly service and ample amenities. Offer free hot breakfast with plenty of healthy options and free coffee. Indoor heated pool and hot tub as well as a state-of-the-art fitness center. Offers convenient amenities such as free WiFi, free outdoor parking, and access to business center.

  • # of Employees/Management: To be provided
  • Hours of Operation: 24 Hours
  • Building Size/Type: 105 rooms 3 story hotel Stand Alone Building

Financial Summary

  • Annual Gross Sales: Over $2,500,000
  • Annual Owner Profits: Over $700,000

Transaction Information

  • Training Provided: 2 weeks at no cost to buyer
  • Seller Competition: Seller to Sign a Non-compete Agreement
  • Down Payment: Negotiable

To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here