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Businesses for Sale: Listing Details

 
QUALITY INN - SOUTHERN MN - COLLEGE TOWN
Seller: Attn: Ryan Schroder
Location: Southern MN, MN, USA
Listing Number: "WIN"


Asking Price: $4,100,000 USD USA Dollars
Industry: Services: Hotel, Motel, Lodging
Reason for Selling: Other hotel interests
Year Established: 1964
Yearly Revenue: $1,680,000
Yearly EBITDA: $450,000

Overview:
This 112 unit Quality Inn sits on the best lot in this entire University town. While it is an older property that needs some improvements, lots of improvements have been made in the last few years. Also, the restaurant benefits from two lease tenants paying a combined $160,000 in rent. There is a lot of revenue to work with here to make this deal make a lot of sense.

Property Features and Assets:
Brick construction, two stories, flat roof. Property also features a Perkin's restaurant lease that is both a draw to the property as well as a huge source of income for the property owner.

Market Competition and Expansion:
There is some competition in town, but the market as a whole does well.

Additional Details:

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