Best Western Plaza Inn - 3.5 Times Gross Businesses For Sale in Tennessee,United States at FranchiseLeader.com - Buy Franchises, Sell Franchises, Franchise Businesses for Sale

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Best Western Plaza Inn - 3.5 Times Gross

Location  Tennessee,United States
Asking Price Range  $10.0M - $20.0M
Gross Revenues  $3000000
Net Profit / Cash Flow  $1000000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1979
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Owned
Description  This Hotel is great for Group meetings, family and military reunions and family vacations. All Rooms have a small refrigerator, microwave and coffee maker. There are King Bedrooms or two queen rooms. The mountain view rooms have private balconies with 2 queen beds. The jacuzzi rooms have seasonal fireplace, private balcony, and in-room Jacuzzi. The Deluxe rooms, has either 1 king bed with a sofa bed or 2 queen beds and opens to the indoor pool. Offers free Continental Breakfast in Caf‚, three swimming pools, and three whirlpools. Has Established history of cash flowing with great returns. Cash Flow History is available with proof of financial capability, and NDA. This motel is for sale at approximately 3.5 times Gross Income. As far as buying a Luxury, you have found it. There is also an Additional 2.1 Acres of Vacant Land beside this Hotel sold separately if Buyer would want to expand. You can learn more about this Hotel from their website..Just search Best Western Plaza Pigeon Forge TN. Area Description: Located on the Parkway in Pigeon Forge Tennessee, now part of the Great Smoky Mountain Parkway that travels through Sevierville, Pigeon Forge and Gatlinburg directly to the Great Smoky Mountains National Park. One mile from the main entrance to Dollywood theme park and just steps from Dixie Stampede Dinner Theatre. 11-13 million annual visitors. Major attractions include Great Smoky Mountains National Park (the nation's most visited), Dollywood Theme Park, Dolly's Splash Country Water Park, The Titanic Museum, WonderWorks, Smoky Mountain Opry, Near Proposed new Convention Center, and Proposed Cal Ripken Baseball Site, Ripley's Aquarium of the Smokies, Tanger outlet malls, large show theaters, and Numerous other tourist Attractions. The property is located on the northbound side of The Parkway. It has excellent visibility, with 350 feet of Parkway frontage.
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