Hotel – Resort Re-Branding, Expansion Opportunity
Location: United States -> Vermont
Industry: Hotels and Holiday Accommodation > Hotels
Businesses for sale Summary
This Quality Property Awaits Your Creative Strategies For Rebranding and Repositioning At the Gateway To One of America’s Premier Vacation Communities.
– 72 Interior Rooms With Additional Development Option of 13 Three-lock-off-Bedroom Condos and Possible Integration Into Room inventory in Addition to Development Profits.
– Major Footprint (up to 20% of land) Expansion Available.
– 50,000 Sq. Ft Finished Facilities.
– 75-seat Family Restaurant.
– 25-seat Licensed Bar & Lounge.
– Indoor & Outdoor Swimming Pools.
– Function Rooms and Much More.
– 3 1/2 Acre Lake on 14 1/2 Acre Priceless Land Parcel.
– $400 Million Four-Season Development Expansion Launched in 2004.
– Highly Visible as Gateway Property on Region’s Busiest Highway.
– $12-$15 Million Resort Replacement Value, Available For Less Than Half That Investment (after factoring in conversion cost estimates and net profits from Condo Development).
For further details, Hotel owners, Developers, email or call 802-253-5155.
Financials
Asking Price Range: $5.0M – $10.0M
Gross Revenues: Seller Will Provide
Cash Flow: Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Yes
About The Business
Year Established: 1987
Number of Employees: 20 – 34
Relocatable: Yes
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Yes.
Reason For Selling: Retirement.
