58 Unit Hotel with Pool - Franchised, consistent sales, profitable Business For Sale in Fargo, North Dakota

58 Unit Hotel with Pool - Franchised, consistent sales, profitable

Entertainment and Leisure - Hotels and Motels

Asking Price:	$2,300,000	Inventory:
Gross Revenue:	$775,000	Real Estate:	$2,300,000 ++
Cash Flow:	$200,000	FF&E:	n/a
++ included in the asking price not** included in the asking price

58 Unit Hotel with Pool built new in 1992
• Great highway frontage
• Currently Franchises
• Indoor heated pool and spa
• New carpet, bedding, and drapes throughout in 05-06
• New beds and new 27” Flat Screen TV’s in 2007-08
• New Computers, new sign and Ceramic tile in 2008
• No Maintenance Metal Roof
• Large breakfast area
• Numerous manufacturing plants, colleges, shopping attractions, and other businesses nearby

It has been operated by the current owner since new. Located conveniently on the busy Highway the sales have increased yearly from $600K to almost $800K this past year.

About the Business

Year Established:1992

Employees:4 full time - 5 part time

Facilities:New in 1992 and very well maintained to franchise standards

Market Outlook and Competition:Growing area with great highway frontage

About the Sale

Management Training and Support:Management will stay and train new owners

Reason For Selling:Other Interests

KEYWORDS: hotel, motel, hospitality, franchise, independent, flagged

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Seller ID:	Owen Lee
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Business Listed By
Robert Klinger Veracity Business Brokerage View All of My Listings


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