Established Franchises - Business for Sale Details

TWO HOTEL PACKAGE - AMERICINN & HOSPITALITY INN

Seller: Attn: Ryan Schroder

Location: Wahpeton, ND, USA

Listing Number: "Wahp"

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Asking Price:	$3,200,000 USD USA Dollars
Industry:	Services: Hotel, Motel, Lodging
Reason for Selling:	Retiring
Year Established:	1995
Yearly Revenue:	$1,040,481
Yearly EBITDA:	$NA
Yearly Gross Income:	$NA

Overview of the Business:

These two hotel properties were both built in 1995, and the AmericInn is 45 units and the Hospitality Inn is 61 units. The Hospitality Inn was built as a Holiday Inn Express, and could be re-branded to an economy brand. North Dakota is a stong market for hotels. Through 2009 ADR is up and Occupancy is down slightly for these hotels. Revenues are holding.

Property Features and Assets:

The AmericInn is built with concrete construction. The Hospitality Inn is wood frame. Both hotels are well maintained, and represent a large share of the market.

Additional Details:

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