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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.

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Independent Resort Hotel - Owner Needs To Sell Now

Location  New Hampshire,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1500000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1970
Number of Employees  10 - 19
Inventory  175000
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned
Training  The seller will provide adequate transitional services. The buyer has the option to lease the restaurant back to the current owner for an initial transitional period. This will allow a new owner to benefit from the onsite food service without having to op
Reason for Sale  Retirement.
Description  Owner/Bank Seeks Offer! We are offering for sale a Resort Hotel in an excellent location in NH. This hotel is underperforming compared to the nearby competition that are thriving in this 4-season destination resort area. This is a non-flagged hotel that has seen many recent upgrades but needs a new owner who can increase occupancy and revenue. This resort hotel business offers: * Immediate access to a popular and desirable 4-season destination tourist market * A business with an established customer base, excellent location, and a base level of revenue and profit * A business that underperforms compared to its local competition, but can realize higher value with your improvements to marketing, systems, procedures, and the physical condition * A business with a high future earnings potential * Recent upgrades including new laundry equipment, insulation, boilers, TVs, mattresses, and carpet. * A bargain price: o $ 21,333/unit o 2.1 times Room Revenue The very popular restaurant and lounge are also a part of this resort. The Buyer has the option to lease this back to the current owner. This will allow a new owner to benefit from the onsite food service without having to operate it. An experienced food service operator can choose to operate the restaurant and benefit from its proven profitability. This is a business that has begun a turnaround process and is now improving. It needs a new owner who can continue and accelerate the growing success of the business and benefit from the resulting profitability. Appraised Value: $1,900,000 Offered at: $1,600,000 Motivated Seller. Make an Offer! This price is intended to reflect the operational and physical conditions of the resort, as well as the valuable location, existing business base, and future potential. Facilities: 70+ rooms. 200+ seat Restaurant. 150+ seat Lounge. 100+ seat Function Room. 800 seat Convention space.
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