Brand New, All Suites Property

Location: United States -> Maine -> New England
Industry: Hotels and Holiday Accommodation > Hotels

Businesses for sale Summary

This all-suites hotel for sale is currently being developed, and is scheduled to open in late-spring 2009. It is located in a great location, in a great market in Southern Maine. All projections, plans, and other information can be provided to serious, qualified inquirers for their due diligence. This represents a rare opportunity to enter the hotel business in New England, without going through the bulk of the lengthy development process.

Financials

Asking Price Range:  $5.0M – $10.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Yes

About The Business

Year Established:  2008
Number of Employees:  10 – 19
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Owned
Property:  Property For Not Applicable