View Business For Sale #159060 - Hotels & Motels in Indianapolis

146 Rooms - Indianapolis - $2.6m Owner Financing

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Location

City Indianapolis
State Indiana
CountryUnited States

Not Relocatable

Real Estate Included

Financials

Asking Price
Sales
Profits
Profit Type
Fiscal Year

Deal Terms

Business Is A Franchise?
Finders Fee Payable by Buyer?
Seller Financing Available?
Principals Only?
Management Will Stay?
Willing To Co-Broker?

This beautiful interior corridor extended stay hotel has just undergone a total remodel and the income is now approching $1,000,000 annually. Indoor pool and spa. Large 3+2 managers unit with jacuzzi tub. Coin operated laudry room for guests and snack bar.

Owner retiring and selling his last 3 hotels, this is the best one with $20,000 a month net. Completely help run. Owner will carry the loan with a normal down payment. Located right in the center of everything, Denny's, Walmart, Bob Evans, McDonalds.

Currently the hotel is not flaged (with income like this why pay a franchise fee) tenants pay weekly. Electronic door locks. WHEN LOOKING FOR A HOTEL TO BUY MAKE SURE THERE'S ENOUGH PEOPLE TO SUPPORT IT. THIS HOTEL HAS OVER 185,000 PEOPLE WITHIN 5 MILES.

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