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Businesses For Sale   >>   Motels Businesses For Sale

Motel / Restaurant

Location  Pennsylvania,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $600000
Net Profit / Cash Flow  $72000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1967
Number of Employees  10 - 19
Inventory  135000
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned
Training  Seller will provide training & support as needed for smooth transition.
Reason for Sale  Owners seeking other opportunities.

Description  
Motel/Restaurant located off of busy Interstate 80 exit between State College and Lock Haven. This business has many repeat customers traveling I-80 as well as local customers supporting the restaurant. The restaurant is known for its quality food and prices. Motel maintains a high occupancy rate by offering a clean well maintained room for less money than the area competitors. The current owners have made many improvements over the past few years. The business is located on a large property. Plenty of room t expand the motel or restaurant. Selling price is $855,000 and includes real estate, furniture, fixtures, equipment and liquor license. Turnkey operation. New owner can start making money immediately.


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