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Businesses For Sale > Business For Sale in Chicago, Illinois (IL)
Newly Renovated, Brand Name Hotel for sale in Chicago, IL
Chicago, Illinois (IL)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 27,000,000 |
$ 6,150,000 |
$ 2,289,000 |
Furniture and Fixtures Value:
$ 22,000,000 (included in the asking price)
Real Estate:
(included in the asking price)
Business Summary:
We represent a rare passive investment opportunity in an affluent Chicago suburb. This fully completed, top brand name hotel has been fully renovated to the fine standards of a luxury hotel. Improvements include business meeting rooms, luxurious accommodations and a very large banquet hall which can seat 250 people. The renovation was completed in 2018 and the Hotel is fully operational with a top-rated management company in place. A new owner or group will see healthy returns on their passive investment. This 120+ room hotel is on pace to have sales of $6,150,000 with earnings $2,289,000. Detailed financials are available for qualified candidates only. Please ask for listing #14114 when inquiring about this opportunity.
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Seller Reference Number: 14114
BusinessMart.com Listing Number: 240607 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Ken Stein
Kensington Company & Affiliates
516-626-2211
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