Business For Sale Listing 151594
Prime Location, Priced Right, Taos, NM Hotel+++
Status as of Nov-22-2008 at 06:00 PM: Active
Business Summary
Located 2 blocks South of historic Taos Plaza, this successfully operating hotel includes existing retail rental shops plus over an acre of land for a developer to expand, enhance, and redevelop. Winning opportunities such as this are seldom found.
Value priced, this growth property is offered at around $120 / SF of improvements. Comps are much higher - across the street at $160/SF, a couple hundred feet North, almost $200/SF. At around $60,000 per key, this property compares favorably with many of the other nearby offerings at $100,000/key, some higher.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million ($600,000+) |
| Profits: |
Between $100 Thousand and $500 Thousand ($276,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Between $2.5 Million and $5 Million (3,500,000) |
