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Business For Sale Listing 153906

Comfort Inn Livonia - Detroit Metro Area

Status as of Dec-1-2008 at 05:59 PM: Off The Market

Business Summary

This Livonia hotel is conveniently located off Interstate 96, close to Ann Arbor, the Burton Manor Banquet and Conference Center, Cobo Arena and downtown Detroit. The Comfort Inn hotel is also near the Henry Ford Museum, the Greektown historic district and Laurel Manor, a special events center. The Detroit Metropolitan Wayne County Airport is 11 miles from the hotel. There are several restaurants and cocktail lounges in the area including the Olive Garden Italian Restaurant, Bob Evans, Outback Steakhouse and Joe's Comedy Club.

Highlights of this property include:
* $1.2 million room revenue
* Featuring 112 guest rooms
* Exercise Room
* Interior Corridors
* Free high-speed internet access
* Elevator
* Meeting room accommodations for up to 75 people
* Guest use fax and copying
* Variety of restaurants nearby

Demand Generators
* Burton Manor
* Livonia Mall
* Laurel Manor
* Ford Museum
* Greenfield Village
* Cobo Arena
* Downtown Detroit
* Northville Downs (Racetrack)
* Detroit Grand Prix
* Greektown
* Renaissance Building
* Montreux Detroit Jazz Festival
* Ann Arbor
* International Freedom Festival


Categories

Industry:
Location:
Other:

Industry

Sector: Accommodation & Food Services
Industry: Hotels & Motels

Location

Classification: United States // Midwest States // Michigan // Detroit
Location: Livonia, Michigan

Financials

Sales: Between $1 Million And $2.5 Million
Profits: Not Disclosed
Profit Type: Not Disclosed
Fiscal Year: $1,200,000
Asking Price: Between $2.5 Million and $5 Million   ($4,300,000)
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