Miami Hotel Businesses Acquisition & Modernization Financing

This listing seeks $6M in financing for a construction update, modernization, and business acquisition project in a prime Miami, Florida location. The opportunity involves acquiring six well-branded businesses situated on the ground floor and lobby of a premier hotel property, benefiting from high visibility and proximity to over 5,500 hotel and condominium units. The purchase price for the six businesses is $3.5M, with an additional $4.4M allocated for modernization, including equipment and upgrades. These businesses currently generate $4.85M in annual gross revenue, and the planned renovations are expected to significantly boost income and achieve a stabilized value of $15M. Sponsors have committed $1.9M ($1.5M to escrow + $400K) and are executing a new 10-year lease with a 10-year option. Experienced principals with substantial net worth ($17M) and strong credit are offering personal guarantees. A full due diligence package is available upon request.