Boutique Hotel Business For Sale in Utah

Boutique Hotel

Entertainment and Leisure - Hotels and Motels

Asking Price:	$2,950,000	Inventory:	$35,000 ++
Gross Revenue:	$626,060 (comments below)	Real Estate:	$2,526,500 ++
Cash Flow:	$250,006 (comments below)	FF&E:	$420,000 ++
++ included in the asking price not** included in the asking price
Gross Revenue Comments: projected 2009 revenue
Cash Flow Comments: Projected 2009 EBITDA

This 60-room boutique inn is centrally located within minutes walking distance to restaurants, shops, “watering holes” and many other attractions. The recently remodeled guest rooms feature high-end mattresses, WiFi High Speed Internet connectivity, irons, ironing boards, coffee makers and cable television in a very Cosmopolitan atmosphere. They also feature a heated swimming pool and hot tub. Other amenities include 24 hour lobby, 24 hour message system, in-house fax machine and postage, shipping and copying service and complementary breakfast to name just a few. The facility is in very good condition and there is ample off-street parking. Price includes real estate valued at $2,526,500.

About the Business

Year Established:1965

Employees:13 part time

Facilities:0.64 acres

About the Sale

Management Training and Support:negotiable as needed

Reason For Selling:owner relocating

KEYWORDS: hotel, motel, boutique, rooms, guest, lodging, hospitality, utah

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Business Listed By
Elizabeth Bellit \| Coldwell Banker Mergers & Acquisitions View All of My Listings


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