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RAPID CITY, SD - FRANCHISE HOTEL

Seller: Attn: Corey Stender
Location: Rapid City, SD, USA
Listing Number: 67917844


Asking Price: $3,500,000 USD USA Dollars
Industry: Services: Hotel, Motel, Lodging
Reason for Selling: bigger property
Year Established: 1980
Yearly Revenue: $1,150,000
Yearly EBITDA: $NA
Yearly Net Profit: $400,000
Yearly Gross Income: $NA

Overview of the Business:

This hotel property has undergone recent major improvements including but not limited to: new elevator, lobby and breakfast areas, sprinkler system, beds, drapes, carpets, bed spreads, some flat screen TV's and more.


Property Features and Assets:

The property was built in 1980 but has concrete construction and steel siding, so its solid and modern looking. Has great highway visibility, and great condition in and out.


Market Competition and Expansion:

Rapid City is a highly tourism driven market, the property does nearly 100% occupancy all summer long.


Additional Details:


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