Transworld Business Advisors,LLC is a worldwide leader in business brokerage, franchise consulting and franchise development. We have many offices throughout the USA helping entrepreneurs realize the American Dream though business brokerage, franchising and franchising development.Transworld is the world leader in the marketing and sales of businesses, franchises and commercial real estate.
Located in Woodstock, GA with fully built out support rooms and great finishes. The building is executive office suites with computer network and internet access. They just recently started offering and promoting virtual office services. The seller is motivated as he needs to concentrate on another one of his successful businesses that is in a strong growth mode and needs his full attention.. He, therefore, just dropped the price by $100,000. Therefore based on historical numbers the cap rate would be 13 at the new price and based on current tenancy going forward the cap rate would be 21 or if as an absentee owner the cap rate would be 17. This is a fabulous opportunity for someone to be either an onsight manager or absentee owner with an employee manager to realize a good income while building real estate equity with mortgage payments covered by the income with a further income to pocket. This would qualify for a bank loan or with a larger down payment the seller would do some seller financing.
American-Owned ! 65 unit Independent Hotel located in North Georgia Mountains. Seller runs absentee from Texas. Occupancy rate over 48%. ADR $65.00. Sales $733,000 2014 year-end sales. All sales documented and provable. Amenities: Interior-Corridor /Elevator/ Heated Pool & Spa. Expenses per year: Gas 11K, Electric 42K, Water & Sewer 7K, Trash 1K, Cable 9K, Phone 13K, Salaries ( a big one) 185K, Property Tax 15K, ins 11K, Bookk 2K, Hotel Tax 11K, Ga Sales Tax 15K, Breakfast Bar 54K, office Supplies 3K, Maint Supplies 11K, Credit Card Proc 23K, No Franchise Fees. Serious and Quailfied buyers only. Seller will not do any owner-financing and they will not do a lease on the hotel either. Owner firm on price! Mark McKernan KW Realty. Agent.
Blue Ridge, GA
Union City, GA
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