Hotel for Sale in Lafayette, United States

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

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 120 thousand
EBITDA Margin
8 %
Industries
Locations
Local Time
4:53 PM Louisiana
Listed By
Business Owner / Director
Status
Moderately 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
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
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
Recent Activity
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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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