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Riverside, Riverside County, California
Econo Lodge Hotel - Active Franchise Agreement
Asking Price
$6,549,000
Revenue
$1,250,000
Down
Call/Email
Cash Flow
$400,000
Name: Houmehr Mike Panoussi
Phone: Show phone number
Name
Houmehr Mike Panoussi
Phone
Show phone number
Description
Asking Price: $6,549,000
Bldg Size: 20,530 sqft
Property Size: 35,284 sqft
Franchise Agreement: Active through 2029 with 8.5% royalty fees
Property Highlights:
55 Guest Rooms
Annual Gross Income: $1,250,000
Net Income: $400,000 annually before mortgage payment
Operational Opportunity: Underperforming due to mismanagement, leaving room for significant revenue growth with new oversight and strategic upgrades.
Why Invest?
Steady Income Stream: Already generating a solid $1.25M annually with clear potential to increase profits through better management and marketing.
Prime Location:
Situated off the Moreno Valley Freeway with high visibility and accessibility.
Walking distance to budget-friendly dining and less than a mile from Sunnymead Park.
Close to shopping, entertainment, and outdoor recreation.
Scalable Potential:
Renovate and reposition the property to attract a broader clientele.
Maximize occupancy rates and operational efficiency.
Guest-Friendly Features:
This pet-friendly Econo Lodge® is known for its convenience and affordability, offering:
Comfortable accommodations ideal for both leisure and business travelers.
A strategic location that appeals to travelers looking for budget-conscious yet convenient stays.
Growth Potential:
With experienced leadership and targeted investment, this property offers substantial room for revenue growth, making it a high-value addition to your portfolio.
Don’t miss this opportunity to own a profitable hotel in a growing area!
For more details or to schedule a tour, contact us today!
Please do not speak to anyone at this location!!!
Please Provide signed NDA and Proof of Funds for more Information
Posting Information
Posting ID:
290045
Business Category:
Travel & Recreation
Business Types:
Hotel
Hotel, Motel
Keywords:
Riverside, Riverside county, California, hotel
Attributes:
Absentee Run
Broker Cooperation
Existing Franchise
Real Estate Included
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Once signed, you’ll receive access to confidential business details including the business name, address, and financials.
Posting Title
Econo Lodge Hotel - Active Franchise Agreement
Posting ID
#290045
Full Name (Required)
Email (Required)
Phone (Required)
Your NDA Request has been Sent!
Please check your email for updates — the seller will send you the NDA to review and sign before sharing any confidential details.
Agent, Broker or Seller Contact
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