Seller Financing
Asking Price
$5,159,000
Gross Revenue
$ 1,256,000
Cash Flow
$ 365,000
Overview
Year Established
1980
Net Revenue
$1,256,000
EBITDA
$300,000
Employees
5 full time and 10 part time
Business Structure
LLC
Property
Freehold
Value of Real Estate
$5,159,000 (Not included in asking price)
Business
Description
This 64-room landmark hotel (non-franchise) in Southern WI with $177 ADR, 30% Occupancy%, $53 RevPAR has had many recent updates to both the real property and the furniture and fixtures. It is ready for a new Owner to implement a new marketing strategy and capitalize on its unique market positioning on a major highway in a tourist area.
Sale
Reason for Selling
Retirement
Training/Support
Owner/Bookkeeper willing to stay on for a negotiable period to ensure a seamless transition.
Premises
Facilities
Many recent updates including solar panels
Location
New Glarus, WI
Contact The Seller
Listed by:
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