Hoosier Hot Springs in Truth or Consequences, NM

Asking Price$2,000,000

Cash Flow
$269,029
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$468,170

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Hoosier Hot Springs in Truth or Consequences, NM


Asking Price$2,000,000

Cash Flow
$269,029
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$468,170

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Hoosier Hot Springs is a historic and fully operational hot springs retreat located in the heart of Truth or Consequences, NM—a town renowned for its natural mineral-rich geothermal waters and wellness tourism.

The business has three primary revenue streams:

Hot Springs – Newly renovated and reintroduced in early 2024, offering four private soaking areas.
Inn & Short-Term Rentals – Five recently renovated units, including four suites and one room.
Residences & Long-Term Rentals – Seven rental units, including four one-bedroom apartments and three studios.

This 5,528 ± SF property comprises two buildings within the Hot Springs Bathhouse and Commercial Historic District, listed on the National Register of Historic Places. It has undergone significant renovations in the last couple of years, including three renovated outdoor soaking areas, new mini-splits in all units, branded front wall and concrete pathways, upgraded plumbing and electrical systems, and more.
About the Business
Years in Operation
88
Website
https://www.hoosierhotsprings.com/
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
5,528
Listing Info
ID
2332546
Listing Views
1221
Attached DocumentsAttachment Disclaimer

HoosierHotSprings_01242025.pdf

Business Location

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Business Listed by: Randy McMillian

Listing ID: 2332546 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.