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Hotel for Sale in Lafayette, United States

Hotel business having 144 rooms with an occupancy rate of 40% throughout the year.
This transaction has concluded.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 100 thousand
Run Rate Sales USD 120 thousand
EBITDA Margin 8 %
Industries Hotels
Locations  Lafayette
Local Time 12:39 PM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1 million (Native Currency: USD 1,000,000)
Reason: Hotel currently has no management in place and owner does not have capital or time to run the busine... View More
Includes physical assets worth USD 1 million
Business Overview

- Hotel business established in 2010 in Lafayette, Louisiana having 144 rooms with accommodation & restaurant for individuals and corporates.

- Its a 3.5 acre site and the building is 75,000 Sq Ft with a total of 144 rooms with children's park area, reception and lobby area, conference hall, dining area, and a main kitchen.

- Occupancy rate is more than 40% throughout the year.

- On an average we receive more than 1,000 bookings in a year.

- Each room has air-conditioning, work desk, facilities and bathroom.

- There are also 7 one bedroom suites that can be used as apartment building to bring in additional monthly income.

- Our assets include land, building and furniture.

- Promoter has more than 10 years of experience in hospitality.

Products & Services Overview

Accommodation, restaurant, bar, meetings, swimming pool, conference hall, an activity area for both kids and adults, restaurant, parking area.

Facilities Overview

Owned 3.5 acre site and 75,000 Sq Ft building.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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