Newly Established Hotel for Sale in Wichita Falls, USA
For sale: Old non operational motel with 50 units currently under renovation.
Premium Plan
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Hotels |
| Locations | Wichita Falls |
| Local Time | 8:14 PM America / Chicago |
| Listed By | Management Member |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
775 thousand
(Native Currency: USD 775,000)
Reason: Given the current cash position, the owner's growth potential is being impacted by various other dea...
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Includes physical assets worth
USD
775 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Architectural Approved Plans
(4.2 MB)
Remaining Budget Summary Page
(105.2 KB)
Remaining Budget Break Down
(184.2 KB)
Building Permit Approval Certificate
(77.3 KB)
Business Overview
- Non operational motel business located in Wichita Falls.
- Facility has 50 rooms.
- Remodelling is in progress and 50% is completed.
- Building permits and building plans are in place.
- Completed a lot of prep work on this project and due diligence.
- Facility has 50 rooms.
- Remodelling is in progress and 50% is completed.
- Building permits and building plans are in place.
- Completed a lot of prep work on this project and due diligence.
Products & Services Overview
Old motel business opportunity with 50 units ready to start operations.
Assets Overview
Assets: Land, buildings and completed new work.
Facilities Overview
50 efficiently built units available.17,250 sq ft built up area on 1 acre of owned land.
Exterior siding, facia, soffit, some roof, all new electrical rough-in complete, demo complete.
Capitalization Overview
Sole owner and has zero debt on the property.
Recent Activity
-
Earlier than 15 daysConsultant, Odenton, Business Broker connected with the Business
-
Earlier than 15 daysSenior Management, Pharmaceutical Distribution, Ottawa, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOperations Head, Event Management And Hospitality Services, Ames, Individual Investor / Buyer connected with the Business
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