Newly Renovated, EB-5 Exemplar Approved, Brand Name Hotel

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Ideal for EB-5 clients looking for a Pathway to the USA
Asking Price:
$27,000,000

Gross Revenue:
$6,150,000
Cash Flow:
$2,289,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$22,000,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

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.

About the Business

Location:
DuPage County, Illinois
Franchise:
Yes
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Listing Info

ID:
1618574
Ad Detail Views:
1315

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Business Listed by

Ken Stein

The Kensington Company

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