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HISTORIC HOTEL W/ FULL-SERVICE RESTAURANT & BAR #619

Business Info

Business ID
#619
Price
$299,999
State
Asset
$353,583
Gross Sales
$349,491
Cashflow
$32,823
Owner Financing
No
This historical establishment was originally built in 1902 and is an institute within its community for events and special occasions. The hotel currently has eight rooms for daily rental, five remodeled apartments with full occupancy, commercial space, a full service restaurant and bar with dual banquet rooms. This business is exquisite on its own from the classic oak woodwork to the antique chandeliers, it is hard to find a business like this that has an established history at a fair asking price. Inquire to learn more about this hotel located in northeastern Iowa. Assets will include $53,583 of equipment , fixtures, and furnishings. The building and land is valued at $300,000. Priced at $299,999 + Inventory.

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