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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.

 



Listed By: Yogi Evans

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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

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