SG 11596 Ohio Cleveland Middleburg Heights Branded Hotel Seller Financing
Branded Hotel With Real Estate in Ohio
On NextCompany since September 8, 2026 (37 days)
OH
Business overview
This branded hotel operates in Ohio with 106 rooms near an airport and major highways. The hotel generates $1,550,000 in gross revenue. The listing carries a labeled asking price of $1,000,000. The seller quotes $4.35 million for the business and property, with $1 million down.
The hotel reopened in November 2023. Remodeling, new roofs, and PTAC units account for $800,000 in investment. The seller offers financing. The seller provides two weeks of complimentary training.
Who is a good fit for this business
- Hotel operators seeking a 106-room property with an existing employee and management team.
- Real estate buyers exploring a property with potential for apartment conversion.
- Buyers seeking seller financing and transition training.
Details
- Reason for selling
- Owner looking for right operator. Seller lives out of state and the hotel is several hours from his home.
- Real estate
- Owned, included in sale
Frequently Asked Questions
The seller quotes $4.35 million for the business and property, with $1 million down. The listing separately labels the asking price as $1,000,000. The offering includes the real estate.
The seller operated 41 rooms in Building A and closed Building B during winter. The hotel employs six people across staff and management.
The hotel features remodeling, new roofs, and PTAC units representing $800,000 in investment. The hotel reopened in November 2023.
The seller offers financing for the purchase. The seller also supports the transition with two weeks of complimentary training.
The owner seeks the right operator for the hotel. The owner lives out of state, several hours from the property.