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 1 month ago
Hotel / Hospitality
Absentee / Semi-Absentee
An 80-room flagged hotel in Ohio operates under absentee ownership with management in place and maintains approximately 70% occupancy.
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+ per year
- Operated under an absentee ownership model with management in place
- Stable occupancy rate of approximately 70%
- No major property improvement plan (PIP) required
- Long-term franchise agreement in place
Contact Info
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