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Chalet Landhaus Inn & Restaurant

New Glarus, Wisconsin, United States
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Asking Price$5,159,000
Revenue$1,256,000
EBITDA$297,000
Cash Flow$365,000
Description
This 64-room landmark hotel (non-franchise) in Southern WI with $177 ADR, 30% Occupancy%, $53 RevPAR has had many recent updates to both the real property and the furniture and fixtures. It is ready for a new Owner to implement a new marketing strategy and capitalize on its unique market positioning on a major highway in a tourist area.
Real Estate
$5.16mIncluded in Asking Price
Inventory
Included in Asking Price
Business is
Absentee Owner
Number of EmployeesFull-Time: 5Part-Time: 10
Year Established
1980
Reason Selling
Retirement
Facilities & Assets
Many recent updates including solar panels
Support & Training
Owner/Bookkeeper willing to stay on for a negotiable period to ensure a seamless transition.
Market & Competition
Uniquely positioned
Growth Opportunities
Updating marketing strategies and tactics will increase sales.
Financing Options
Seller financing is available.Seller open to limited financing for qualified Buyers.
Related Categories
hotel for Sale
Business for Sale in Wisconsin
Asking Price$5,159,000