Profitable 80-Room Hotel for Sale | $800k+ NOI | Absentee Run
Franchised Hotel in Ohio with Absentee Ownership
On NextCompany since September 13, 2026 (33 days)
OH area
Business overview
This 80-room hotel in Ohio maintains approximately 70% occupancy. The well-maintained property requires no major property improvement plan work.
The hotel operates under a long-term franchise agreement. The owner is selling to focus on other business interests.
Who is a good fit for this business
- Absentee investors seeking a hotel with management already in place.
- Buyers pursuing a hospitality business with a long-term franchise agreement.
Details
- Reason for selling
- Other business interests.
- Real estate
- Leased
Frequently Asked Questions
The hotel reports gross revenue of $2,000,000 and seller's discretionary earnings of $800,000. The seller seeks an asking price of $7,800,000.
An existing management team runs the hotel under absentee ownership. The seller will provide training and support as part of the ownership transition.
The hotel operates from leased premises.