Major Hotel in downtown Houston

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Background

BizEx ID:BizEx941-AW
General Location:Los Angeles, CA
Category: Other Eating & Drinking Places
Hotels & Other Lodging
Years in Business:
Under Present Owner:
Hours of Operation:
Owner Hours:
Training:None
Organization Type:
Lease Expiration:
Lease Options:
Building Size:
Employees:0
Reason for Sale:Private Equity

Financials

Asking Price:$38,000,000
Down Payment:$500,000
Gross Sales:$7,193,000
Discretionary Cash Flow:$2,201,000
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:
Financing:Call




Art Warschaw
Business Broker / M&A Advisor
4551 Glencoe Ave., #210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 138
Direct: (818) 378-9074
Lic#: 00617649

OFF MARKET

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations