At the time of sale, total revenue and EBITDA were approximately $5,700,000 and $240,000, respectively. The unit mix consisted of 3 privates, 15 semi-privates, and 22 three-bed rooms. The offering was positioned as a value-add opportunity in an underserved market and drew attention from both regional and national owner-operators. The transaction closed as required by the negotiated terms just 10 days following offer acceptance by the seller.
Christopher Hyldahl was the lead advisor on the transaction and was supported by Gideon Orion.