Howard Johnson Close to I-275

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Seller:Sukhwa Young

Location:Tampa/Hillsborough

Listing Num:97827788

Industry:Services: Hotel, Motel, Lodging

Asking Price:$3,350,000

Year Est.:1968

Employees:Not Disclosed

Yearly Revenue:$720,000

Yearly Cash Flow:Not Disclosed

Yearly EBITDA:$NA

Yearly Net Profit:$75,000

Yearly Gross Income:$NA

Monthly Payroll:Not Disclosed

Total Debt:Not Disclosed

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Reason for Selling:

Not Disclosed

Overview of the Business:

This is a well-established hotel property with a steady stream of clientele. This property has a prime location on Fowler right off I-275 close to USF & the University Mall. The hotel is a Howard Johnson with 68 rooms & an occupancy rate of 60%. There are 42 double rooms & 26 single rooms along with 1 manager room. The hotel contains a nice swimming pool and has low rates. The hotel has great road frontage, sign visibility & high traffic volume. There is no renovation needed. The rooms, hallways & property are in prime condition. The hotel was originally listed for $4,400,000 and has had multiple offers. Now it is reduced to $3,350,000. Priced for a quick sale. Do not hesitate to call for an appointment.

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Howard Johnson Close to I-275

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Reason for Selling:

Overview of the Business:

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