SG 10607 Louisiana Houma Branded Hotel

$5,500,000 plus 4% fee for Louisiana Houma Branded Hotel Business & Property.  Appraised recently for $6,900,000.  Stable and consistent revenues and growing.  $1,800,000 average revenues per year.  The hotel did $1,900,000 to $2,400,000 in certain years.  Hotel was built in 2008 and remodeled fully in 2018.  Seller is absentee.  57 rooms 2 story Hotel Seller has owned this business since 2018.  Very Profitable operation but can do much better with the right owner operator.  Seller to assist with Bank Financing.  Great location on major County Hwy near a gulf course, Airport and a Casino.  All updated rooms, Property, fixtures and equipment. Great opportunity for the right owner operator or a family.  Well known name in the hospitality industry with strong reservation system in place.  Seller motivated and willing to make the right deal with the right owner operator.  Please “do not disturb the employees” and call The Saleh Group for more information and showings or visit us online.