HospitalityNow available for the first time, this 23-year-old hospitality business is one of the more established operators in its trade area. A balanced mix of one-time projects and repeat engagements smooths revenue through the year and reduces seasonality risk. Barriers to entry at this scale are meaningful, and the company's tenure gives it a durable advantage over newer entrants. All equipment is well-maintained and included in the sale, with no significant capital expenditures anticipated in the near term. Under the same ownership since 2003, the company has weathered multiple economic cycles while maintaining profitability. The company runs on documented processes with a trained staff of 25 in place, allowing the owner to focus on high-level management. The brand is well recognized locally, supported by years of consistent signage, vehicle wraps, and community involvement. Bookkeeping is clean and professionally maintained, with financials ready for buyer review. The owner has stepped back from daily operations in recent years, and the business now runs semi-absentee. Customer retention is high, and the phone continues to ring on the strength of the company's name alone. The Grand Rapids market continues to grow, and demand for hospitality services has remained resilient through economic cycles. Systems, vendor relationships, and an experienced team are all in place for a smooth handover. An excellent opportunity for a first-time buyer or an existing operator seeking a proven platform.
Open to financing 20% of the price over 5 years at 6.5% with an acceptable down payment.
Owner is scaling back for health-and-lifestyle reasons and will assist with a full transition.
Few direct competitors offer the same breadth of services in the immediate market.
A new owner could grow by adding outside sales, pursuing commercial contracts, and increasing marketing spend.
Modeling Well-Established Hospitality Business with Seller Financing Available · $1.74M
Asking price is $1.74M. Type an offer or drag to model one.
SBA 7(a) acquisition loans typically require ~10% down.
SBA business-acquisition loans are usually 10 years.
A market salary for whoever runs the business day-to-day, subtracted from earnings to show true profit. Set to $0 if you will owner-operate.
Estimates for illustration only, based on the listed SDE and your assumptions. Closing costs are estimated at ~2.5% of price for fees and working capital. Actual loan terms, taxes, and earnings will differ. This is not financial advice. Verify all figures in diligence and consult qualified advisors.
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Figures are provided by the seller. The platform does not verify or value the business. The implied multiple is simply asking price ÷ cash flow (SDE). Not financial advice; verify independently before any offer.
Hospitality