2 Established Hotels on Same Lot, Queens, NY

Asking Price$59,900,000

Cash Flow

EBITDA$5,000,000

Gross Revenue$13,000,000

InventoryNot Disclosed

FF&E$500,000
Included in asking price
Real Estate$77,000,000
Included in asking price
listing imageSave

2 Established Hotels on Same Lot, Queens, NY


Asking Price$59,900,000

Cash Flow

EBITDA$5,000,000

Gross Revenue$13,000,000

InventoryNot Disclosed

FF&E$500,000
Included in asking price
Real Estate$77,000,000
Included in asking price

Seller Financing Available
Business Description
THIS SELLER WILL ONLY SPEAK WITH BUYERS WHO ALREADY OWN OR HAVE SUCCESSFULLY PURCHASED HOTELS IN THE PAST.

This is a highly discreet listing for TWO hotels being sold together.

This listing is for well capitalized and serious buyers only. Buyer must have good hotel business and management experience. Due to the seller's request for confidentiality, all financial figures in this BizBuySell listing are for placeholder only.

Actual financials will be disclosed on a case-by-case basis and only after initial introductory discussions with business broker and owner.

Basic info on these hotels: Brand new construction, gorgeous properties inside and out, highest quality materials and decor throughout. A total room count of 220 (combined) with about 40 employees (combined). Over 5000 SF office space. Wonderfully located.

PLEASE ONLY INQUIRE IF YOU ALREADY OWN OR HAVE SUCCESSFULLY PURCHASED HOTELS IN THE PAST. SELLER WILL NOT ENGAGE WITH ANY BUYERS WHO DO NOT ALREADY OWN HOTEL(S).

FILL OUT CONTACT FORM TODAY FOR NDA AND DATA ROOM/FINANCIALS.
About the Business
Years in Operation
8
Employees
40
Facilities & Assets
Brand new. Absolutely stunning quality throughout.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
100,000
About the Sale
Seller Motivation
Moving on to completely different development projects
Transition Support
Will provide sufficient support
Financing Options
Seller will consider some seller financing for well qualified buyers
Listing Info
ID
1813502
Listing Views
24

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Jon Sheklow Number1BusinessBroker.com

Listing ID: 1813502 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


Similar Listings