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Hospitality

San Bernardino County Hospitality Inn Newly Remodeled!

San Bernardino County, CA, USA
Listed 50 days ago
Established 1995

Remodeled Inn With 30 Guests Room And Real Estate Property. Moderate Inn Located In San Bernardino County with a prime location near retail and one minute from the freeway. Two-story building, newly remodeled in 2012, featuring 30 very clean guest rooms. Operates 7 days, 24 hours, and includes a large outdoor swimming pool. All rooms have air conditioning & heat, refrigerators & microwaves, and Wi-Fi throughout the facility. Total parking for 25 cars. Most guests are long-term, staying on a monthly basis. Includes a manager's apartment behind the front desk, which is a two-bedroom apartment. Total lot size is 27,000 square feet, and building size is 9,960 square feet. Average room rate is $50 per night with an average occupancy between 30% – 40%. Real estate, inventory, fixture furniture, trade name, and phone numbers are included in the sale. This is a prime location economy motel, newly remodeled property with a well-established trade name. Participates in various travel websites, offering easy booking access from the internet and great reviews from Hotel.com, Bookings.com, Expedia, etc. Perfect for a live-in owner to manage the business, with the owner able to occupy the two-bedroom apartment. Each room is equipped with necessary amenities. Currently pays payroll for two employees, but the owner can change it to a family-run business. Buyer benefits from owning $400K FF&E with the sale. Land valued over $800,000. Seller is motivated.

Ad#

1038791

Lot Size

27,000 Square Feet

Employees

1 Full Time & 1 Part Time

Inventory

$400,000

Land Value

Over $800,000

Guest Rooms

30

Building Size

9,960 Square Feet

Last Remodeled

2012

Parking Spaces

25

Average Occupancy

30% – 40%

Average Room Rate

$50 Per Night

Operating Expenses

$57,200

Trade Name And Phone Numbers

Included

Reason for Selling

Seller Is Motivated!

Financials

Asking Price
$1.5M
RevenueMost Recent Year
$140K
Earnings (SDE)Last Reported
$45K
Assets ValueIncluded in Asking Price
$400K
Seller Financing
Not available

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