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For Sale: Branded Hotel - Fresno, Central Valley


Current Status: Active     Posting #: 243443     Last Refreshed: 11/8/19    
Contact: Narinder Singh At 916-240-4700  -  Also Email This Contact Below
Price:  $3,600,000     Down:  $750,000     Adjusted Net:  $300,000     Revenue:  $1,200,000    
Business Address:  None Given     City:  Fresno     Zip:  None Given    
Attributes:  Absentee Run, Training & Support     Cooperation With Brokers?  No

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  Description About This Posting: Branded Hotel
Great opportunity to own branded Hotel exterior Corridor in Fresno, California located on Major freeway 99 exit. Hotel is two story with nice Size Pool and Gust Laundry. Built in 1986 with Major renovations done in 2014 and then full renovations in 2015. Hotel has 121 rooms with Doubles Beds, Kings Size Rooms and Queen Beds. Each room includes Microwave and mini-refrigerator High-speed wireless internet access. Property is located in 2.25 Acres with Free self-parking for recreational vehicles, buses, and trucks. Yearly Revenue is over $1,2500,000 and sales going up every year by 10%. Financial information available upon request. This property has land leased at $12,000 a month with lease over 50 years.

Fresno, California is one of the bigger cities of California and located in Central Valley and Know for Framing and lot of Produce is moved through Truckers to all over United States.

Property is fully approved for an SBA loan with 20% down payment. All Financials are available. Current seller is running this as an absentee owner.

Please sign a Confidentiality agreement for more details.

To get more information about this Branded Hotel business for sale in Fresno, Central Valley please phone Narinder Singh (Intermediary, Agent - BRE License #:01719546) at 916-240-4700 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #243443 on BizBen.com. In addition to phoning Narinder Singh, make sure you email Narinder Singh above to get more info about this Branded Hotel, to ask any questions or request an appointment to see this business for sale. Thank you.

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