Profitable 80-room Hotel $800k+ NOI Absentee Run For Sale - Business for Sale
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80-Room Flagged Hotel in Ohio
OH, US
Added 1 month ago
Hotel and Hospitality
Absentee / Semi-Absentee
An 80-room flagged hotel in Ohio operating under an absentee ownership model with stable occupancy and strong cash flow.
Key Information
Asking
$7.8M
Revenue
$2.0M
Earnings
$800K
Multiple
9.8x
Key Highlights
- 80-room flagged hotel located in Ohio.
- Net Operating Income (NOI) of $800,000.
- Operated under an absentee ownership model with management in place.
- Stable occupancy rate of approximately 70%.
- No major Property Improvement Plan (PIP) required.
Contact Info
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