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Boutique Hotel in Downtown Bloomington

Bloomington, IN (Monroe County)

Boutique Hotel in Downtown Bloomington
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Asking Price: $225,000

Cash Flow: $85,000

Gross Revenue: $170,000

EBITDA: N/A

FF&E: $77,000

Inventory: $6,200

Rent: $2,750 /Month

Established: N/A

Boutique Hotel in Downtown Bloomington

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Business Description

• Five themed, modern rooms on the Square in downtown Bloomington with Owner’s quarters
• Six dedicated, reserved parking spots; additional common area bar and kitchen
• All rooms have private bathrooms with tub and shower and kitchenettes
• On-line booking and check-in system in place
• On-line access to security cameras
• Marketing done thru Expedia, Airbnb, etc. with fantastic reviews
• Local owner/Innkeeper can net $80,000 plus

Detailed Information

Location:
Bloomington, IN
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,500
Lease Expiration:
N/A
Employees:
0-2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased space is 3,784 square feet
Competition:
Only boutique hotel in the downtown area
Growth & Expansion:
Room rates increase as demand fluctuates
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David Miller

Business Listed By:
David Miller

Comprehensive Business Brokers, LLC

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