businesses for sale


Southeast Louisiana Hotel - 48 Rooms for sale

Location: Southeast Louisiana, Louisiana

Category: Hotels Motels for sale

Asking price: Call/Email

Description of the business for sale
Nice hotel is located in a large city that is intersected by two major interstate highways. Hotel is located in the downtown area of the town which is a very nice, safe area. Hotel is 23 years old. It is two stories. The bottom floor was completely refurbished and remodeled and the same is currently being done to the upstairs. Building has a nearly new roof. Because of the shortage of housing rentals in the gulf coast area after Hurricane Katrina, the hotel only rents on a weekly basis. Hotel consistently maintains a 90% plus occupancy rate. Hotel is located in a city that is a great place to live and raise a family. There is abundant, affordable housing and very good public schools. Town is fast growing and considered an affluent suburb of a major metropolitan city just a few miles and a few minutes down the interstate. Seller will thoroughly train new owner on this very easy to own and operate business. Seller is ready to retire and will consider offers. Seller will seriously consider and promptly respond to all reasonable offers. Hotels of this size and capacity are popular and hard to find. This one won t last long!!! Come see, make offer.

Support / Training provided by seller
Available

Description of the facilities
Building is 16,000 sq ft, has 48 rooms, and sale includes land and building.

REASONS FOR SELLING: Retirement.

EMPLOYEES: Full-time: 4, Part-time: 1.

  • By phone: 225-201-0202
  • Ask for: Edward Gianelloni

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Business details

Sunbelt Business Brokers of Baton Rouge
Baton Rouge, LA
Broker Co-op? no

Listing Id: 84263
Reference Id: BTLA001984
Year established: 1983
Employees: 5

Asking Price: Call/Email
Revenue: $400,000.00
Annual Net: $300,000.00
Down Payment: Call/Email

Business Type:
Non Relocatable Business

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