SG 6748 Michigan Grand Rapids Branded Hotel

Michigan Grand Rapids Branded Hotel

Business & Property for Sale

E2-Visa Qualified

$8,000,000 for Michigan, Grand Rapids Area Branded Hotel Business & Property.   Over 2,500,000 sales per year average.  105 rooms 3 story hotel that was built in 2013.  65 – 95% occupancy.  PIP has been done in 2016 and 2017.  Profitable operation. Located in the vicinity of other AAA credit businesses right off a highway exit and a commercial area.  100% smoke-free, pet-friendly hotel provides friendly service and ample amenities.  Offer free hot breakfast with plenty of healthy options and free coffee.  Indoor heated pool and hot tub as well as a state-of-the-art fitness center.  Offers convenient amenities such as free WiFi, free outdoor parking, and access to business center. 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 https://www.salehgroup.com.

• Listing Id: SG 6748
• Business Type: Hotel, Motel
• Business Name: SG 6748 Michigan Grand Rapids Branded Hotel
• Listing Price: $8,000,000 for Business & Property.
• Down Payment:  Negotiable
• Proposed Seller Financing Availability: Seller to Assist with Financing
• Annual Gross Sales:  Over $2,500,000
• Annual Owner Profits:  Over $700,000
• Monthly Rent/Mortgage Payment:  To be determined
• Seller Competition: Seller to Sign a Non-compete Agreement
• Years Seller has Owned/Operated Business: 2016 by seller
• Owner Qualifications: Experience Needed but Not Required
• Reason for Selling: Seller Downsizing
• # of Employees/Management:   To be provided
• Hours of Operation: 24 Hours
• Building Size/Type:  105 rooms 3 story hotel Stand Alone Building
• Training Provided: 2 weeks at no cost to buyer
• State: Michigan
• Country: U.S.A.