Profitable 80-Room Hotel for Sale | $800k+ NOI | Absentee Run - Business for Sale
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80-Room Flagged Hotel in Ohio with Absentee Ownership
OH, US
Added 2 days ago
Entertainment, Leisure, & Recreation
RemoteAbsentee / Semi-Absentee
80-room flagged hotel in Ohio operating under absentee ownership with management in place and a long-term franchise agreement.
Key Information
Asking
$8.5M
Revenue
$2.0M
Earnings
$800K
Multiple
10.6x
Key Highlights
- 80-room hotel located in Ohio
- Flagged property with long-term franchise in place
- Net operating income (NOI) of $800,000+
- Operated under absentee ownership with management in place
- Stable occupancy rate of approximately 70%
- No major PIP (Property Improvement Plan) required
Contact Info
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