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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Hotels and Holiday Accommodation Businesses For Sale Categories   >>   

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Winning Opportunity For Hotel Operator / Developer

Location  New Mexico,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $509000
Net Profit / Cash Flow  $203000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1900
Number of Employees  10 - 19
Inventory  100000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Seller w/c facilitating & training new owner.
Reason for Sale  Time for a career change / some retirement.
Description  PRICE REDUCTION and BELOW APPRAISAL! Huge and positive changes occurring in the Taos NM lodging market - snowboards, town promotion, more. Major property upgrades - bathrooms, furniture, TVs, solar heated pool, more. Potential to double rooms +, build casitas, establish conference center, upgrade existing, it's your choice. We've set the stage for reacquiring AAA, group business, commercial accounts, small meeting market, etc. After 34 years, owner is ready to consider a career change. Best located lodging in the town is now available for the first time in decades. LP $2.45 million. Includes hotel, commercial - retail rentals, acreage for growth, etc. Contact for more information on this Hotel for sale. Note, that LP includes vacant land. Opportunity for developer/family group, local partnership to own and operate solid existing business. Additional land availalbe for $300,000 for developing added hotel rooms, suites, casitas, mixed use, owner/partner homes, or??? List price is $2,150,000. Terms are Cash, CTL, Refi. Seller W/C carry W/ solid down. W/C exchange/partial exchange. W/C lease/lease purchase W/ adequate up front investment. Sale offering is for 2.3 acres of land and 28,000 SF of building. Added 1 acre of land is $300,000. Revenues shown include estimated embezzelment/theft during prior year. Potential is in the $750-800,000+ range plus any future improvements. Property location is exceptional. Blocks from historic downtown Taos Plaza, walk to 5 museums, 70 galleries, 100 shops, more. Over 1 acre for further development. Value of excess land included in sale price although it does not contribute current income. Retail space offers potential for owner operated business - food, retail. Seller is owner/agent. Slenes Realty Consultants, Inc. 505-298-7007
Click Here To Contact Seller

    

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