Quality Inn & Suites
Location Texas,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1400000
Net Profit / Cash Flow $500000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1985
Number of Employees 10 - 19
Inventory 1500000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Managment and Staff will stay and seller will help
Reason for Sale Other business interests.
Description 100 Units: Completely renovated to the best Quality Inn & Suites, in West Texas. You must to see the property. 150 guest rooms with 100 rooms in perfect renovated condition. Four banquet halls Sold out for rest of year and genrate good income. 4,000 sq ft of extra storage space in building which could be rented for extra revenue. Property features restaurant, bar, large atrium, Executive Atrium, indoor pool and hot tub, laundry machine, and exercise room. Property is concrete structure and is located on Prime Location. Facility has high speed internet access in every room as well as wireless all over the property. Property has done more than $1,200,000 last year, and is trending upward. A sound investment with enormous profitability potential in hotel operations. Offring price is $3.5 Million only. Email or call 713-937-3337 for more information on this Quality Inn & Suites Hotel business for sale.
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