Listed 2 months ago Entertainment & Recreation

Cash-flowing Turnkey Flagged Hotel for Sale in Chicago, IN

Asking price
$6,900,000
Cash flow (SDE/EBITDA)
$300,000
Multiple
23.0x
Verified 4dAbsentee Owner

Why this business stands out

A 70-room flagged hotel in the Chicago metro area generates $1.8M in room revenue with no property improvement plan (PIP) required, limiting near-term capital outlay for a buyer. The property is currently absentee-operated, indicating strong systems are in place, while also suggesting an active owner-operator could extract significantly more value. At a $6.9M asking price with $300K in SDE, this is a hospitality acquisition suited for an experienced operator seeking a branded flag in a major metro market.

Financing snapshot

An illustrative SBA 7(a) scenario based on the figures above. Model your own assumptions in the SBA loan calculator.

Asking price
$6,900,000
Cash flow (SDE/EBITDA)
$300,000
Est. down payment (10%)
$690,000
Est. SBA loan (10yr @ 10.5%)
$6,210,000
Est. monthly payment
$83,795
Annual debt service
$1,005,536
Owner cash flow after debt
-$705,536
Debt Service Coverage Ratio
Below coverage
0.30x

Illustrative only — not a financing offer. Assumes a 10% down payment and a 10-year SBA 7(a) loan at 10.5%. Actual terms vary by lender, deal structure, and buyer profile.

The DSCR shown is computed on raw cash flow — before the owner-salary, maintenance-capex, and rent adjustments SBA lenders apply when underwriting. Model the lender's view in the DSCR calculator.

Unlock the full listing

Create a free Searcher OS account to see the exact location, full description, broker contact, and detailed financials — plus add this deal to your pipeline and run the numbers in our calculators.

  • Exact city & location
  • Full business description
  • Broker & contact details
  • Detailed financials

Frequently asked questions

How much does this entertainment & recreation business cost?

The asking price is $6,900,000. Exact terms and any seller financing are confirmed directly with the seller after you sign up.

What is the cash flow and valuation multiple?

This business reports approximately $300,000 in annual cash flow (SDE/EBITDA), implying a 23.0x multiple on the asking price.

Where is this entertainment & recreation business located?

It operates in the Chicago-Naperville-Elgin area. The exact city is shown after you create a free Searcher OS account.

Can this acquisition be financed with an SBA loan?

Many businesses in this price range qualify for SBA 7(a) financing, which can cover up to 90% of the purchase price over a 10-year term. See the financing snapshot above for an illustrative scenario.