Executive Summary
Upon sale, this Comfort Inn will convert into an very nice Quality Inn. It has been a superior performer for many years and we would expect the flag change will not affect the revenue on a major scale. Goodland, KS, supports nearly 5,000 residents and is located in northwest Kansas, 17 miles from the Colorado border. It is less than 200 miles from downtown Denver. It has been a very good hospitality town because of many factors including its location as a stop over point on I-70. In addition, Sherman County has been called the “Pheasant Capital of the World” as it ranks among the top 10 counties in the nation on pheasant harvest and attracts hunters from all over the country. The agricultural business is also a significant driver of the economy and the businesses that support it.
Goodland is the county seat for Sherman County and would be considered a hub for NW Kansas. In addition, the town has highly rated schools and is home to Northwest Kansas Technical College. Those who live in the area consider it a great place to raise a family, away from the problems of the larger communities.
Everyone talks about “perfect for owner-operator”, but that phrase does apply to this offering. It is one of those opportunities to purchase a great performer where one can cut expenses over the absentee owner and enjoy a rural lifestyle.