La Quinta Inn & Suites Hotel - Southwest Houston Area
This is a new La Quinta Inn & Suites Hotel located in Southwest Houston in a new development area near Sugar Land. They have 83 rooms that include 31 queen doubles rooms, 22 king suite rooms, and 30 king bed rooms. All rooms come with coffee maker, glass ware, iron, ironing board, hair dryer, micro/fridge units, & 42" TV w/satellite. The facilities include 24 hour front desk attendant, fitness center, on site bar/lounge, indoor swimming pool, hot deluxe breakfast, meeting room, and complimentary fax & coy service. This hotel is pet friendly.
Background information
Reference:
82446
Year established:
2019
Reason selling:
Owner has other businesses and unable to spend the time to build up this hotel.
Finance
Sales:
$871,273
Profits:
$156,886
Profit type:
Free Cash Flow
Operations
Employees:
Staff includes a General Manager, 5 front desk clerks, 6 maids, and 1 maintenance man.
Equipment:
Fully equipped
Inventory:
$2,000 food & beverage
Premises
Facility:
50,213 sq. ft. building on 2.460 acres
Location:
Southwest Houston/Sugar Land area
Price and terms
Price:
$8,800,000
Training:
As needed