Business Broker Johnathan Zsittnik Successfully Sells Boutique Hotel in Massachusetts
Essex County, Massachusetts
United States
October 2023
Transworld Business Advisors of Boston is pleased to recognize Business Broker Johnathan Zsittnik on his recent transaction of a boutique hotel in Essex County, Massachusetts. Johnathan leveraged his marketing and business management experience to assess market value and attract prospective buyers to this growing business. In just three months, the business garnered multiple offers and was sold above asking price.
The seller took a highly methodical approach establishing the boutique hotel, researching areas across the North Shore to identify the ideal location. Ultimately, she found a lively downtown location with proximity to the beach, shops, schools and above all – a need for hotels. The stylish hotel is thoughtfully designed with contemporary décor inspired by the town’s rich history. The business incorporates technology throughout, keeping operations lean and efficient without sacrificing the guest experience.
The buyers are professional husband and wife duo with ties to the area. The couple had been seeking a small hotel or bed and breakfast to own and operate and spend more time in as when approach retirement. They instantly fell in love with the business, helping the transaction to proceed quickly and smoothly.
Transworld extends its best wishes to the buyers as they embark on their new business venture and to the seller as she shifts her focus towards her young family. A special congratulations goes out to Johnathan for a successful closing.
With a track record of over 10,000 businesses sold over the past 40 years, Transworld is the nation’s leader in business sales. Transworld Business Advisors of Boston, a top Boston business brokerage, specializes in providing the crucial services needed to facilitate successful business sales, assisting owners and buyers throughout every step of the business sales process.
