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Profitable Hotel In Great Location For Sale

Nassau County, New York, US
Asking Price:
$15,500,000
Sales Revenue:
$3,289,189
Cash Flow:
$668,611

HS Listing ID-36841

This stunning hotel is a perfect investment opportunity.

The hotel has been established for 30 years and offers 47,000 sq ft.

With a prime location on a .7-acre lot and an occupancy rate of 76% in 2021, this hotel is a go-to destination for visitors to the area.

Location sees lots of traffic, with well-known colleges in the area.

The hotel boasts an on-site bar and lounge and guest laundry facilities.

This is an established business with a reputable name.

Its loyal clientele and high traffic location make it a top choice for anyone seeking to enter the hospitality industry.


A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me atOur buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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Property Information

Real Estate:

Lease

Premises Details:

The hotel has been established for 30 years and offers 47,000 sq ft.

Size in square feet:
47,000

Business Operation

Expansion Potential:

Location sees lots of traffic, with well-known colleges in the area.

Competition / Market:

With a prime location on a .7-acre lot and an occupancy rate of 76% in 2021, this hotel is a go-to destination for visitors to the area.

Reasons for selling:

Other business interests.

Years established:
30

Other Information

Support & training:

Yes.