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113 Room Name Brand Hotel-$500,000 Renovation For Sale

Alabama, US
Asking Price:
$3,100,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,050,000
Cash Flow:
$472,926

Business Description
Famous worldwide brand hotel chain in the great southern town of Mobile, Alabama. This 113 room hotel has just finished its $500,000 renovation project. Excellent location near I-10. Walking distance to fast food restaurants, close to Hank Aaron Stadium and Brookley Aeroplex (industrial complex and airport). In addition to being close to Greyhound Park and other areas of interest.
This 53,400 Business Description
Famous worldwide brand hotel chain in the great southern town of Mobile, Alabama. This 113 room hotel has just finished its $500,000 renovation project. Excellent location near I-10. Walking distance to fast food restaurants, close to Hank Aaron Stadium and Brookley Aeroplex (industrial complex and airport). In addition to being close to Greyhound Park and other areas of interest.
This 53,400 sq. ft. 3 floor facility with elevator sits on a 2 acre parcel and has considerable number of amenities, many just upgraded as part of the large renovation project such as: outdoor pool, continental breakfast in upgraded area, free Wi-Fi, room upgrades including all new flat screen TV’s, new roof, new AO Smith boiler and much, much more…(40% of rooms were closed in 2019 due to the $500,000 renovation making 2020 projected gross revenue that is posted above for new owner a great year). 3rd party management is also available if needed for very reasonable fee. Even pets are allowed (for extra fee). For additional information CONTACT: Rob Sproles ------------ email: [email protected]

Property Information

Real Estate:

Real Property Included

Premises Details:

N/A

Size in square feet:
53,400 sq ft

Business Operation

Expansion Potential:

Facilities:53,400 sq.ft. 3 floor facility on over 2 acres. 113 rooms including: nice pool area, new roof, new window units, new flat screen tv's, upgraded continental breakfast area, free Wi-Fi, conference room, laundry room and much more.

Reasons for selling:

need for downsizing

Trading hours:

Days: 7, Hours: 24-7

Employees:
Full Time: 10
Years established:
37

Franchise Information

Franchise opportunity:

Yes

Other Information

Support & training:

as needed and arranged

Contact Sunbelt of Mobile

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