HospitalityThis well-run hotel & motel company has served Syracuse and surrounding communities since 2019. Bookkeeping is clean and professionally maintained, with financials ready for buyer review. Over the past several years ownership has invested in equipment, systems, and staff development, positioning the company for its next phase of growth. Marketing spend is modest, leaving obvious headroom for a buyer who invests in digital advertising. The local market is fragmented, positioning this business well for a buyer pursuing a consolidation strategy. Standard operating procedures are documented, making training and quality control straightforward. The company runs on documented processes with a trained staff of 17 in place, allowing the owner to focus on high-level management. The current owner works a normal full-time schedule and focuses on quoting, scheduling, and customer relationships. The business maintains an excellent reputation, reflected in its ratings across the major review platforms. The company offers a full range of hotel & motel services, giving customers a single point of contact and driving healthy average tickets. Service offerings have been refined over the years to focus on the most profitable lines of work. A capable manager runs daily operations, and the staff is expected to remain in place through a transition. The trade area is experiencing steady population and commercial growth, supporting long-term demand. The owner has stepped back from daily operations in recent years, and the business now runs semi-absentee. All equipment is well-maintained and included in the sale, with no significant capital expenditures anticipated in the near term. The business has grown organically with virtually no paid advertising for most of its history, a testament to the strength of its reputation. The customer database numbers in the thousands and represents a valuable, largely untapped marketing asset. Performance has been consistent year over year, with the most recent period among the strongest in the company's history. Serious inquiries only; a signed NDA and proof of funds are required for detailed financials.
Owner is retiring after 7 years in the business.
Competition exists from regional operators, but the company's reputation and tenure provide a durable advantage.
Growth opportunities include expanded digital marketing, added service lines, and extended hours.
Modeling Well-Established Hotel Operating Since 2019 · $3.18M
Asking price is $3.18M. 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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Hospitality