Hotel Development Opportunity

Fulton County, GA

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Asking Price: Get Financing: $5,540,000

Cash Flow: $288,476

Gross Revenue: $1,252,866

EBITDA: N/A

FF&E: $560,000

Inventory: $25,000

Real Estate: $4,700,000

Established: 2005

Hotel Development Opportunity

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Business Description

Boutique Hotel Opportunity

Established Events Business on 17 acres is for sale.
* Business is highly rated and profitable
* Includes 20,000 sq. ft. Mansion
* Fully furnished with upscale everything
* Can seat over 600 quests
* 10 acres of manicured gardens
* Out Buildings
* 5 undeveloped acres

This is an opportunity to purchase the existing business and facilities and add a Boutique Hotel to the Estate.
* Huge opportunity for wedding guests to stay
* The Movie Industry in Georgia is now # 1 in the Country
* There is a need for a safe & secure hotel for Movie Industry executives
* Producers, Directors and Actors will keep the hotel full.

Current Real Estate only appraisal of $4,7000.
Current business produces nearly $300,000 in Cash Flow.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
20,236
Employees:
6 ft - 28 pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
One of the most beautiful and prestigious facilities in Metro Atlanta. Incredible gardens.
Competition:
Nothing like it.
Growth & Expansion:
Adding the boutique hotel will make it a one of a kind, unique property with long term growth and profitability.
Support & Training:
Smooth training and transition for the wedding/events business.
Reason for Selling:
Moving out of State.
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Contact the Seller

(from currently available funds)
 
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Ron Yurick, C M&A P

Business Listed By:
Ron Yurick, CM&AP

Atlanta Advisory LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities.

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