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Fisherman's Wharf hotel in San Francisco - location is unbeatable, and price expectations have been lowered for quick sale, just under 70M offer rejected weeks ago but now selling for 50-55M for quick sale. This is an outstanding opportunity.
Have the following information to share with qualified buyers (only):
1. 2007, 2008, 2009, 2010 (ytd) P&L.
2. Franchise Agreement.
3. Management Agreement.
In addition to the NCND, buyers will be required to sign a MFA. Buyer pays 3% fee.
Seller will speak with buyer reps or buyers only, buyer reps must document Representation.
My name is Phillip Walker and I source investments for a all cash buyer. They are interested in purchasing hotels in great areas for a good price. This hotel fits their criteria. Would you be willing to send me a NCND agreement so that I forward the financials and other agreements to my buyer for review? Upon their approval a conference call can be sheduled.
Stone Creek Financial Services
Just sent you all that I have on the hotel and SFR tape including contact to call, good luck,
Thanks for your message, reach me at the email address in first message above and I will get what I have over to you. For complete financials seller has protocol which includes LOI, POF, and dealing with buyer or buyer mandate direct - absolutely no exceptions. Hotel is still available and ready to take down, good luck.