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Newly Renovated, Brand Name Hotel in Chicago

DuPage County, IL

Newly Renovated, Brand Name Hotel in Chicago
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Asking Price: $27,000,000

Cash Flow: $2,289,000

Gross Revenue: $6,150,000

EBITDA: N/A

FF&E: $22,000,000

Inventory: N/A

Established: N/A

Newly Renovated, Brand Name Hotel in Chicago

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Business Description

We represent a rare passive investment opportunity in an affluent Chicago suburb. This fully completed, top brand name hotel has been fully renovated to the fine standards of a luxury hotel. Improvements include business meeting rooms, luxurious accommodations and a very large banquet hall which can seat 250 people. The renovation was completed in 2018 and the Hotel is fully operational with a top-rated management company in place. A new owner or group will see healthy returns on their passive investment. This 120+ room hotel is on pace to have sales of $6,150,000 with earnings $2,289,000. Detailed financials are available for qualified candidates only. Please ask for listing #14114 when inquiring about this opportunity.

Detailed Information

Location:
DuPage County, IL
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Franchise:
This business is an established franchise
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Ken Stein

Business Listed By:
Ken Stein/Kensington Company

The Kensington Company

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