69 Room Country Inn – Upscale Community
Location: United States -> Ohio -> Northeast Ohio
Industry: Hotels and Holiday Accommodation > Other Hotels and Holiday Accommodation
Businesses for sale Summary
This is an upscale 69 Room Countryside Hotel, and medium size Banquet Hall conveniently located within an upscale suburban region east of Cleveland. It features gracious accommodations for its weekday business guests, conference participants and weekend retreat guests; Banquet facilities capable of accommodating from 2 to 250 with many plans and options; grille and restaurant facilities in its premises; outside dining capabilities for guests’ summer dining enjoyment; tennis courts; indoor and outdoor pools and sauna. The price of $4.4 mil includes real estate property (Listed under Realty One/Real Living Broker). This opportunity could be appropriate for specialty uses such as recreational facility, re-hab center, upscale medical centers and/or retreats; (additional real estate property might be available in the event parties would need additional space for ancillary facilities.) Contact for more information on this Country Inn for sale.
Financials
Asking Price Range: $2.5M – $5.0M
Gross Revenues: $1,100,000
Cash Flow: Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1969
Number of Employees: 10 – 19
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Owned
Property: Property For Not Applicable
About The Sale
Management Training and Support: Will support as necessary.
Reason For Selling: Retirement; No family successors.
