Asking: $11,000,000 - Hotels (except Casino Hotels) and Motels business for sale
Illinois
15
Years In Business
70
Number of Employees
Business Description
This business is a premier conference center hotel offering state-of-the-art conference rooms, luxurious accommodations, and top-tier dining services
Business Operations
Facilities:
The hotel features 10 fully-equipped conference rooms, 150 luxury guest rooms, a fine dining restaurant, and a fitness center. Assets include modern audio-visual equipment, high-speed internet, and a fleet of service vehicles. The sale includes all furniture, fixtures, and equipment necessary to continue operations seamlessly.
Specializations:
The hotel is strategically located in the heart of downtown Chicago, offering easy access to major corporate offices, tourist attractions, and transportation hubs.
Barriers to Entry:
High initial capital investment
Stringent regulatory requirements
Intense competition from established brands
Market Locations:
Chicago, IL
Customer Demographic:
10% Local
20% Tourists
70% Corporate clients
Business Composition:
60% Conference services
30% Accommodation services
10% Dining
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