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BUSINESS FOR SALE - PROFILE #  ABB006-309

Well Maintained & Profitable Flagged Hotel
Quad Cities

Asking Price: $3,400,000   Down Payment: $3,400,000  
Gross Revenue: $1,275,000   Adj. Cash Flow*:  
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Executive Summary

CURRENT LOAN IS ASSUMABLE @ 4% THRU CURRENT LENDER. Well maintained & Profitable 60 plus room hotel property located in the Quad City(Illinois) area. 2017 sales were $$1.275M. Updated PIP in 2013-2014 to new specs for Choice Hotels. New Sign package to be installed in coming weeks along with new wireless room entry system. Indoor pool with hot tub, fitness room, business center, Free Wi-Fi, Hot breakfast, microwave/fridge combo in each room, premium bedding,  updated flat screen tv's.  Two(2) floor property with elevator. Excellent online reviews. Conveniently located to shopping, dining & airport. Contact Brian Barkley(American Business Brokers) for further details @ 309-219-1200(mobile) about this listing. Confidentially Agreement to be signed by all interested parties.

Acquisition Highlights

  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1989 Inventory:
Furniture, Fixtures & Equipment:
Real Estate: Included
Building Sq Ft: 27492
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Brian Barkley
Phone:  (309) 219-1200
Other:  (309) 219-1200
E-mail:  Brian@ABBunitedstates.com
American Business Brokers - Peoria, IL
300 E. War Memorial Dr.
Suite 302
Peoria, IL 61614
www.americanbusinessbrokers.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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