Asking Price: $27,000,000 Gross Revenue: $6,150,000Cash Flow: $2,289,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $22,000,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Attention Immigration Attorneys, International Brokers, EB-5 and Accredited Investors. We represent a rare Real Estate/Business Opportunity for passive investors and ideal for EB-5 clients looking for a pathway to the USA. This fully completed, Top Brand Hotel is EB-5 exemplar approved allowing for immediate investment. The project has all of the approvals in place which meet the EB-5 eligibility and job creation requirements. An overseas family, company or other organization would be approved for up to 15 visas and can capitalize on $7.5 million of EB-5 credit ($500,000 per person) before the increase to $1,350,000 comes along. The US Citizenship Integration Services policies are changing soon with an increase in the amount of investment to $1.35 million per Visa. This fully approved property would allow the investor to move quickly and take advantage of the lower rate. The beautifully-renovated hotel is one of the most luxurious and attractive properties in this wealthy Chicago suburb. A top-rated management company operates the hotel and the new owner or group will see healthy returns on their passive investment. Proforma Revenue in 2020 is conservatively projected at $6,150,000 with earnings $2,289,000. Detailed financials are available for Qualified candidates only. Please ask for listing #14132 when inquiring about this opportunity.
Newly Renovated, EB-5 Exemplar Approved, Brand Name Hotel
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