Lodging Property Near Wolf Creek Ski Area

www.GlobalBX.com

Listing ID: 70096818

Listing Title: Lodging Property Near Wolf Creek Ski Area

Quick Link: http://www.globalbx.com/listing.asp?bId=96818

Industry: Hotels and Holiday Accommodation

Industry Segment: Holiday Resorts

Country: United States

State / Province: Colorado

Area

City: South Fork

Asking Price Range: $500K - $1.0M

Gross Revenues: Seller Will Provide

Cash Flow: $120,000

Cash Flow Type: EBITDA

Year Established: 2002

Number of Employees: 4 - 5

Business Description:
Established lodging property for sale in mountains near Wolf Creek Ski Area and PGA golf course with 15 cabins, 3 bedrooms owners quarters, work shop, on site laundry for lodge, employee efficiency/dorm quarters on site, hot tub, storage. Property accommodates up to 100 people and handles groups as well as individual guests. This is a viable business opportunity and not suitable for a buyer seeking a part time venture. Offers 3+ seasons with all outdoor sports and attractions located nearby, good occupancy, prime location, room for expansion, plus a good financial history. Many upgrades including new gas lines throughout entire property, new roofs & upgraded cabins. Financials available from 2003 to date. Offered turnkey with advance reservations in place into 2011. Reduced from $1,195,000 to $925,000. Room sales exceeded$240,00 in 2007, $220,000 in 2008, $220,000 in 2009 with 2010 sales numbers are strong as well. Many other uses may be incorporated into the lodging business due to desirable CB zoning. For more information, email or call Scott Stecken, Colorado Independent Broker at cell (719) 588-9394.



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