Flagship Hotel, High Occupancy Rates, Incredible Location, Cash Flow Greater than $750k

Northwest, Louisiana

Asking Price: $5,999,999
Cash Flow: $770,205

Business Details

Gross Revenue: $1,592,253
Inventory: TBD
Real Estate Included: yes
FF&E: TBD
Seller Financing: available
Franchise: yes

Business Description

Sunbelt Business Brokers presents an opportunity to own a branded flagship hotel in northwest Louisiana established 18 years ago still operated by the original owner / developer.  According to recent STAR reports this well established and popular branded / franchised hotel has some of the highest occupancy rates of any hotels in the area.  The seller is an owner-operator so this hotel is very tightly run, very clean, well maintained, and is ready for new ownership.  This franchise brand attracts those looking for a comfortable night’s stay and the location of this hotel must be seen to be appreciated.  Easy access from one of the area’s busiest interstates with plenty of restaurants close by make this a hotel that travelers and business persons book time and time again.   The real estate which will be included in this sale of this business has 66 beautifully furnished rooms, an outdoor swimming pool, a nice reception area, and a continental breakfast area.  Excellent financial records are available to qualified buyers and the 2016 Year End P&L’s show a net income of greater than $750,000.00.  A comparison of similar hotels currently listed throughout the country shows this listing is priced below market value and is expected to sell relatively quickly.  The current owner has simply reached a point in his life where he is ready to retire and sell this thriving business.  He is willing to provide the hotel knowledge he has developed and learned over the last 18 years to help transition this successful business over to a new owner.  This business will make a great investment for a buyer looking to earn a great return on their money or a perfect opportunity for another owner operator.  The seller is keeping the sale of this business very confidential so a signed confidentiality and personal financial statement will be required of all potential buyers.  Call or email Tim at (318) 308-8853 or tim@sunbeltbuysell.com today to find out more about this opportunity.

Addtional Information

Reason for Sale: Retirement

Year Established: 1999
Leased: no
Willing to Train: yes
Year Acquired: 1999
Home Based: no
Distressed no

Listing Broker

wavatar
Timothy Skinner
Broker/Realtor
(318) 308-8853
Agent is sponsored through Sunbelt Business Brokers of Alexandria, sponsoring broker Brandon Bourgeois, telephone number 225-201-0202. Please contact agent directly for more information.
Timothy was born and raised in the Alexandria area. Timothy earned a Bachelor’s degree in Business Administration from Northwestern State University. While attending Northwestern State University, he worked an administrative position at a grocery store chain before starting his own business. He now uses the knowledge and experience gained from his endeavors to help other business owners and buyers. Contact Timothy by emailing him at tim@sunbeltbuysell.com.
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