November 22, 2009
 
 
Hotel / Inn  •  $15,000,000

Location: Montery Bay
Seller: Michael Russell
Phone: 831-625-5581
 
 
About This Business
BizBen Ad #: 145158
Status: Available
Start Date: 10/6/09
Last Revised: 12/31/69
Location: Montery Bay
County: Monterey
City: Monterey
Contact Information
Seller or Contact: Michael Russell
Primary Phone: 831-625-5581
Alternate Phone: Not Provided
Email: info@carmelbizsales.com
 
 
Financial Information
Asking Price: $15,000,000
Down Payment: Call/Email
Annual Cash Flow: Call/Email
Annual Revenue: Call/Email
Detailed Information
Franchise: No
Relocatable: No
Home Based: No
Real Estate Included: Yes
Broker To Broker Cooperation: Call
 
 
Business Summary
The Quintessential Luxury Inn

We Cannot Mention The Name Of This World Famous Ocean
Side Inn Without A Signed Confidentiality Agreement.

We Can Tell You That Discerning Hospitality Property Buyers
Will Appreciate The Historic Significance Of The Property As To
Its Draw Of Both Local And International Guests. This Property
Would Be Nearly Impossible To Reproduce. Its Location Assures
High Future Value.

Truly Spectacular Ocean Views From All 25 Unique Rooms Offer
A Variety Of Guest Accommodations.

Demand For Lodging At The Inn Remains Strong In Most Any
Economy And Guests Enjoy The Beauty Of California’s Central
Coast Year Round.

- Completely Renovated Including New Roofs, Foundations,
Windows, And Upgraded Electrical
- The Property Is In Superb Turn Key Condition
- True Pride Of Ownership With Attention To Detail
- Convenient To Parks, Walkways, Golf Courses, Shopping,
And Numerous Local Tourist Attractions

Profitable With An Impressive Return-On-Investment.