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Profitable Franchise Hotel
Location: United States -> Pennsylvania -> Lehigh County
Industry: Hotels and Holiday Accommodation > Hotels

Business Summary

Excellent opportunity to own this profitable highly successful 140 room national franchise hotel minutes from an international airport which serves thousands of yearly travelers. The sale includes a successful restaurant and banquet facility, with liquor license, of which are both lease out to third parties and independent operators. This hotel business which has a 63.8% occupancy rate, with elevators, continues to improve its financial position as a highly profitable company. The property is in Lehigh County, PA conveniently located near various interstate highways with immediate access to the airport and other county roads. The subject property consists of a modern fully upgraded full-service hotel that is operated under a well-known national franchise agreement. The hotel also has a 200-capacity restaurant / lounge, private meeting space, fitness center, banquet room and business center with additional back-of-the-house facilities.

All the public space, including the restaurant and lounge, guest registration, lobby, sales and administrative offices are located on the first floor. Guestrooms are located throughout the first and second floor of the guestroom wing of the hotel. This facility was constructed in 1974 and has been upgraded during the past years. The restaurant and banquet businesses are owned and operated by independent operators, has been recently upgraded as a class A food establishment. The business fixed assets has a substantial value, estimated at $3,250,000 based on equipment and licensing replacement cost and the sale consists of a fully equipped hotel, restaurants, which includes real estate, licensing, including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. This business has twenty-five full & part time employees who are unaware of the pending sale and fully expected to remain post closing monthly payroll is approximately $31,700.


Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $2,041,693
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  $3,250,000
Seller Financing:  Yes

About The Business

Year Established:  2014
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  The seller / owner will remain post-closing for sixty days to supply an appropriate training and transitional period.
Reason For Selling:  The owner is semi absentee, out of state and is retiring from this industry.


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Profitable Franchise Hotel Photo 1

Print Listing Id: 700314275
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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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