businesses for sale


Profitable Hotel in large metro area for sale

Location: Milwaukee, Wisconsin

Category: Hotels Motels for sale

Asking price: $7,500,000.00

Description of the business for sale
This listing is for an upscale hotel located in the Milwaukee area that is available to a qualified buyer. This full-service hotel franchise has 160 rooms and spans about 103,674 sq ft. The hotel features a restaurant that provides breakfast, room service, all day dining and a bar. There is also a banquet/meeting hall with a total area of 11,000 sq ft.. The hotel has ample parking for 225 cars as well. This is a highly profitable business for the owner that has consistently yielded strong revenues and owner benefit. With restructuring in 2009, the owner is now realizing an increase in cash flow over the already profitable previous years. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone or by email.

Description of the facilities
Inventory = $70,000; FFE = $1,400,000; Leaseholds = $40,000; Vehicles = $17,500; Real Estate = $5,200,000 (+/- 5.02 Acres, Newly renovated 3 story building

  • By phone: 770-886-5100
  • Ask for: Tommy Farmer

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Business details

THE MARVIN GROUP
Alpharetta, GA
Broker Co-op? yes

Listing Id: 93078
Reference Id: 19351
Year established: 1969
Employees: 80

Asking Price: $7,500,000.00
Revenue: $3,748,303.00
Annual Net: $544,669.00
Down Payment: $7,500,000.00

Business Type:
Non Relocatable Business

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