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12 Unit, 4 Apartment Motel, Bar, Restaraunt With Acreage
Location: United States -> Pennsylvania -> Ridgeway
Industry: Hotels and Holiday Accommodation > Motels




Business Summary

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.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $165,000
Cash Flow:   $45,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1961
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Partners seek other interests.

Photos

View Larger Photo(s) Of Business
12 Unit, 4 Apartment Motel, Bar, Restaraunt With Acreage Photo 1 12 Unit, 4 Apartment Motel, Bar, Restaraunt With Acreage Photo 2 12 Unit, 4 Apartment Motel, Bar, Restaraunt With Acreage Photo 3




Print Listing Id: 70095690
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Pennsylvania Businesses For Sale > Pennsylvania Franchises For Sale > Pennsylvania Business Brokers



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