Historic Hotel With Full Service Restaurant & Bar
Location Iowa,United States
Asking Price Range $250K - $500K
Gross Revenues $331260
Net Profit / Cash Flow $20039
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1902
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Description This historic hotel was originally built in 1902 and currently has eight rooms for daily rental, five remodeled apartments with full occupancy, commercial space and a gorgeous bar and full-service restaurant complete with dual banquet rooms. From the exquisite oak woodwork to the antique chandeliers, this is THE community gathering place! Total assets include $53,583 of equipment, fixtures and furnishings and building and land valued at $300,000. Priced at $299,999 + Inventory. Located in Northeastern Iowa. Ask for portfolio number 0619.
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