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Businesses For Sale   >>   Banquet Businesses For Sale   

12 Unit, 4 Apartment Motel, Bar, Restaraunt With Acreage

Location  Pennsylvania,United States
Asking Price Range  $250K - $500K
Gross Revenues  $165000
Net Profit / Cash Flow  $45000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1961
Number of Employees  6 - 9
Relocatable  No
Number of Employees  6 - 9
Real Estate  Owned
Training  Yes.
Reason for Sale  Partners seek other interests.

Description  
12 unit, 4 apartment motel for sale with living quarters. Fully equipped bar and restaurant with valid pa liquor license. Banquet room with stone fireplace capable of 300 guests. Scenic location along major highway bordering Allegheny national forest and Pennsylvania game lands, excellent recreation and tourist area. Located 100 miles north of Pittsburgh, PA and 80 miles south of Erie, PA. 20 min from I80. Many units recently remodeled. Ample space for truck parking. Located at summit of Bootjack Mountain. Willing to sell just structure or sell surrounding property for possible tower locations. Reason for selling business is to pursue other interests among partners. We have currently owned and profitably managed business for past 20+ years. City water recently installed. 3 phase power available. Asking $300,000 negotiable.


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