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.
Click Here To Contact Seller
For more opportunities like this go to:
|
NEWSLETTER
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|