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Corporate Housing in Stable College Market

Columbia, Missouri (Boone County)

Services - Hotels & Other Lodging | Services - Other Business Services

$Seller Financing Available

Asking Price $120,000 Inventory  
Gross Income $500,000 Real Estate  
Cash Flow Not Disclosed Year Established 1995
FF&E $120,000* Employees 2

* included in the asking price

** not included in the asking price

Business has been owned by current seller for 10 years, seller has moved out of state 2 years ago and managed from afar. Needs on site owner to market and cut costs. TQ has had a great a history of cash flows over the years. Perfect for somene that does not want to retire, but has some background in the service/hospitatility industry and does not want to work 40 hours a week. Long time office manager wiill stay and assist new owners in transition.

Facilities: 40 furnished rented apts

Competition: Only full service corp housing in market, established 15 years ago. Great location for all units.

Growth/Expansion: Could be duplicated in other similiar markets, business has had great track record from 1999 to 2007.

Seller Financing Available: Yes

Financing: possible to a qualified buyer

Support/Training: Seller will provide as much training as needed to get Buyer comfortable with business

Reason Selling: Seller has moved out of state.

Business For Sale By

Jeff Guinn

573-875-2773

LGI Business Brokers

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