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BUSINESSES FOR SALE

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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Highly Profitable Hotel & Restaurant

Location  Illinois,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $1569250
Net Profit / Cash Flow  $488718
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1968
Number of Employees  35 - 49
Inventory  578000
Relocatable  No
Number of Employees  35 - 49
Real Estate  Owned
Training  Owner will train the buyer for 4 weeks at no cost.
Reason for Sale  Other business interests.
Description  This listing is for a highly successful, very profitable hotel & restaurant in east/central Illinois that is available to a qualified buyer. This business offers a buyer a yearly income of over $450,000 and it has shown consistent growth over the last three years in both the revenues and owner benefit. The hotel is located near a tourist spot and has wonderful amenities like boat hook-ups, an indoor pool & hot tub and much more for their guests. The business derives its revenues from the large varieties of services it offers. There are a number of banquet and meeting rooms that host a variety of occasions from weddings, to conventions and business meetings. The re is also an excellent, full-service restaurant whose menu features a very large variety of food from breakfast and sandwiches to outstanding steaks, seafood and chicken dishes. The rooms and restaurants have also been recently remodeled. Approximately, $1,778,000 in assets are to be transferred with the sale of this business. This includes the real estate itself which is valued at $1,200,000. This is an outstanding and highly profitable business. If you would like more information about this hotel & restaurant, or if you would like to schedule a site visit, please contact the agent either by phone (770-886-5100) or by email. Asking Price: $3,200,000
Click Here To Contact Seller

    

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