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LODGING - #1616

 
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LODGING - #1616


Financial Information
Asking Price: $9,000,000
Gross: $1,957,932
Cash Flow: $700,000
Real Estate: $9,000,000 (included in asking)

Business Information
Location: Jacksonville, FL
Year Established: 1992
Employees: 21

Listing Details
Business Type: Established
Home Based: No
Category:
Hotels > Leisure
Listing Date: 06/16/2008 - 8:55:15 am

Reason for Selling
  Other interests

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 Broker/Seller Info
Contact Name:
  Roy Huffman
Business Name:
  First National Business Corp.
Phone Number:
  (417) 823-0990
Website:
  Visit Website >>

 Listing Disclaimer
The information contained within this business listing is provided by the broker/seller who published it. BizHwy cannot guarantee its accuracy or completeness, and assumes no responsibility for its content.

 Business Summary

Lodging: Ocean front lodge in Northeast Florida with 25 guest rooms, restaurant kitchen, meeting space with 12,400 square feet on one acre ocean front lot with 178 feet of ocean frontage. This is a superb, high end property with excellent ratings and awards having high occupancy, strong financials, and excellent positioning. Outstanding barrier island location draws guests to may historical sites, local activities and great restaurants. Also includes a Rental Management business that provides income for coordinating rentals of other properties. Additional acreage also available for further expansion but not included in this offering. Current owner nets over $700,000.






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