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HOWARD JOHNSON CLOSE TO I-275

Seller: Attn: Sukhwa Young
Location: Tampa/Hillsborough, FL, USA
Listing Number: 97827788


Asking Price: $3,350,000 USD USA Dollars
Industry: Services: Hotel, Motel, Lodging
Year Established: 1968
Yearly Revenue: $720,000
Yearly EBITDA: $NA
Yearly Net Profit: $75,000
Yearly Gross Income: $NA

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.


Additional Details:


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