SG 6670 Texas Killeen Branded Hotel-Motel Business & Property

Texas Killeen Branded Hotel-Motel

Business & Property for Sale

E2-Visa Qualified

$3,900,000 for Texas, Killeen Area Branded Hotel-Motel Business & Property.   Franchise Hotel with high Cash Sales located between Waco , Tx and Austin , Tx Area.   82 Rooms.  2019 Full Yearly revenues Expected to be $1.1 Million.  2020 January to October Revenues $913,000 – Down only 5-6 % Even in Covid Times !!!  As per seller , Net income of new buyer to be Approx. $225,000 / Year After Paying Mortgage and all other Expenses.  Asking Price $ 3.9 Million.  Approx. $200,000 PIP from Franchise for new Buyer to Complete on this site.  Approx. $850,00 Down Payment Required.  25 % / Year Cash on Cash returns.  Seller motivated and willing to make the right deal with the right owner operator and the right down payment.  Please “do not disturb the employees” and call The Saleh Group at 614-500-8500 for more information and showings or visit us online at http://www.salehgroup.com.

• SG Number: SG 6670
• Business Type: Hotel, Motel
• Business Name: SG 6670 Texas Killeen Branded Hotel-Motel Business & Property
• Listing Price: $3,900,000 for Business & Property.
• Down Payment:  Negotiable
• Proposed Seller Financing Availability: Seller to Assist with Financing
• Annual Gross Sales:  Over $1,100,000
• Annual Owner Profits:  Over $225,000 after debt service and all expenses
• Monthly Rent/Mortgage Payment:  To be determined
• Seller Competition: Seller to Sign a Non-compete Agreement
• Years Seller has Owned/Operated Business: 2004 by seller
• Owner Qualifications: Experience Needed but Not Required
• Reason for Selling: Downsizing
• # of Employees/Management:  5FT 1PT 1M
• Hours of Operation: 24 Hours
• Building Size/Type: 82 rooms hotel
• Training Provided: 2 weeks at no cost to buyer
• State: Texas
• Country: U.S.A.