Own & Operate a 40-Room Recently Renovated Mid Economy Franchise Hotel
Business Description
Rare opportunity to acquire a well-performing 40-room hotel in downtown Philadelphia. This recently renovated mid-economy franchise property offers an established hospitality business in a prime urban location.
BUSINESS OVERVIEW:
Established in 2023, this hotel operates as an absentee-owned business generating $17,000,000 in annual revenue with $500,000 in cash flow. The property features 40 guest rooms and benefits from a strategic downtown location near major attractions, restaurants, and shopping within walking distance.
KEY FEATURES:
• Recently renovated 40-room hotel property
• Prime downtown Philadelphia location
• Franchise operation with established brand recognition
• Strong revenue performance at $17M annually
• Absentee owner operation model
• Long-term lease security through March 2043
• FF&E valued at $200,000
• Inventory value of $20,000
LOCATION ADVANTAGES:
Positioned in downtown Philadelphia with limited nearby hotel competition. The property's key competitive advantage lies in its proximity to city center attractions and the convenience of restaurants, shops, and essential services within walking distance. This prime location provides guests with easy access to explore Philadelphia's best destinations.
OWNER SUPPORT:
The current owner will provide comprehensive training and guidance over 1-3 months to ensure successful transition and operational confidence for the new owner.
This represents an exceptional opportunity to enter the hospitality industry with an established, revenue-generating property in one of America's most historic cities. The seller is retiring and relocating to California, creating this unique acquisition opportunity.
Ideal for investors seeking a turnkey hospitality business with proven performance in a desirable urban market.
BUSINESS OVERVIEW:
Established in 2023, this hotel operates as an absentee-owned business generating $17,000,000 in annual revenue with $500,000 in cash flow. The property features 40 guest rooms and benefits from a strategic downtown location near major attractions, restaurants, and shopping within walking distance.
KEY FEATURES:
• Recently renovated 40-room hotel property
• Prime downtown Philadelphia location
• Franchise operation with established brand recognition
• Strong revenue performance at $17M annually
• Absentee owner operation model
• Long-term lease security through March 2043
• FF&E valued at $200,000
• Inventory value of $20,000
LOCATION ADVANTAGES:
Positioned in downtown Philadelphia with limited nearby hotel competition. The property's key competitive advantage lies in its proximity to city center attractions and the convenience of restaurants, shops, and essential services within walking distance. This prime location provides guests with easy access to explore Philadelphia's best destinations.
OWNER SUPPORT:
The current owner will provide comprehensive training and guidance over 1-3 months to ensure successful transition and operational confidence for the new owner.
This represents an exceptional opportunity to enter the hospitality industry with an established, revenue-generating property in one of America's most historic cities. The seller is retiring and relocating to California, creating this unique acquisition opportunity.
Ideal for investors seeking a turnkey hospitality business with proven performance in a desirable urban market.
About the Business
- Years in Operation
- 3
- Employees
- 10 (5 Full-time, 5 Part-time)
- Franchise
- This business is an established franchise
- Facilities & Assets
- We don’t have parking and other facility at the property but across the street there is
multilevel parking which our guest can use and will get discount coupons on parking rate. - Market Outlook / Competition
- There are only a few hotels nearby; however, our key advantage is our prime location close to the city center and major attractions. Additionally, a variety of restaurants, shops, and essential
services are conveniently located within walking distance. - Opportunities for Growth
- Downtown location so limited things can be done.
Real Estate
- Owned or Leased
- Leased
- Lease Expiration
- 3/1/2043
About the Sale
- Seller Motivation
- Retirement and staying in california
- Transition Support
- We will provide comprehensive training and guidance, which may take approximately
1–3 months, ensuring you are fully prepared and confident in your role.
Listing Info
- ID
- 2471641
- Listing Views
Business Location
Listing ID: 2471641 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.
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