Boutique 16 Unit Tropical Hotel | Below Appraisal Value - Business for Sale
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16-Unit Boutique Hotel in Remsen, NY
Remsen, NY, US
Added 2 months ago
Boutique Hotel in Tourism and Leisure
12 years in business
Absentee / Semi-Absentee
A 16-unit boutique hotel in Remsen, NY, operating with minimal owner involvement and offering fully furnished guest accommodations, a tiki bar lounge, and an established online booking system.
Key Information
Asking
$5.2M
Revenue
$600K
Earnings
$455K
Multiple
11.4x
Key Highlights
- 16-unit boutique hotel located in Remsen, NY
- Appraised at $6,000,000 in 2024 and $4,500,000 in the past year
- 12 years in operation
- 2 full-time and 2 part-time contract employees, all expected to remain
- All furniture, fixtures, and equipment (FFE) included in the sale
- Established website with integrated online booking system
Contact Info
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