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Resort, Hotel, & Conference Center For Sale
Location New York,United States
Asking Price Range $20.0M - $35.0M
Gross Revenues $27000000
Net Profit / Cash Flow $2000000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1930
Number of Employees 100 - 200
Inventory $18000000
Relocatable No
Number of Employees 100 - 200
Real Estate Owned
Reason for Sale Retire.
Description This first class Resort and Conference Center located upstate NY has all the amenities and has enjoyed growth and prosperity over the last 80 years by not compromising at the expense of it's guests and by keeping vigil over its facilities - adding, maintaining and upgrading - as attested by it's reputation and success over the years. The following is a synopsis of their Property Features: 140 hotel guest rooms: 190 Two Bedroom Timeshare Units 44 One Bedroom Timeshare Units 2 Three Bedroom Units Affording additional Room Rental opportunities to the Hotel 68 Full ownership Condominiums, all sold, providing ancillary income stream for Hotel Outlets. Over 500 acres of land all within a pre-formed Planned Unit Development (PUD) District. 18 hole par 72 golf course, 6,400 yards. Golf maintenance buildings and equipment. Golf Clubhouse including pro shop, grill room (seats 100), men s & ladies locker rooms, dining room (seats 300), full kitchen, 2 bars, public bathrooms and offices. Ideal for Banquets. Dining room/Ballroom (seats 625), Fully equipped state of the art kitchen facility with serving capability of 750 meals per service, Nightclub (seats 1200), two Cocktail lounges (seats 200) each, Cafe (seats 175), Gelato/Cappuccino Bar, Piano Bar,Main & Mezzanine Lobbies. Two indoor and two outdoor tennis courts. Eight regulation bowling alleys. Four indoor racquetball courts. 5,000 square foot fitness center and gym including a full array of aerobic and weight machines, free weights, tanning beds etc. with outside membership base. Sports building with eight indoor bocce courts, six indoor shuffleboard courts, ping pong, billiards, and children s soft play area. All features of the sports building are duplicated outside plus a bumper boat pond, a Go-Cart track, Rock Wal Ski Chalet, Game room, Indoor/Outdoor pools, and much more. Contact for more information on this resort, hotel & conference center for sale.
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