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Rimrock Hotel - Naturita Co

Naturita, CO (Montrose County)

Rimrock Hotel
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Asking Price: $2,750,000

Cash Flow: $806,055

Gross Revenue: $966,500

EBITDA: $309,632

FF&E: $165,000

Inventory: $10,000*

Real Estate: N/A

Established: 2014

*not included in asking price.

Rimrock Hotel - Naturita Co

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Business Description

Western Montrose County Preferred Hotel

Remarkable 46 key located on the Blue Star Scenic Byway in Naturita, CO. This is a gorgeous ranching, hunting, mining and tourism area, surrounded by BLM & Forest Service land. Hotel has been totally rebuilt and features 46 doors in a diverse unit mix. Includes 2 restaurants, plus a banquet hall/conference center that seats 110. Plans for 12-room addition available to Buyer. Strategically located between Telluride and Grand Junction, CO.

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Detailed Information

Location:
Naturita, CO
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
16,298
Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
46 rooms, 2 restaurants plus banquet hall with serving kitchen, and meeting room. Plans exist for a 12-room extended stay addition.
Competition:
This is the number one hotel in the west end of Montrose County. Lots of government and mining work occurring in the valley and this is where they stay.
Growth & Expansion:
Increase in government work in the area, uranium mining is currently growing and potential rare earth mining. The shutdown of a local power plant will take several years to accomplish meaning additional rooms will be needed.
Support & Training:
as needed
Reason for Selling:
Health issues
Business Website:
http://therimrockhotel.com
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Dale Beede

Business Listed By:
Dale Beede

Coldwell Banker Commercial Prime Properties, LLC

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