Sell a Business!
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Pennsylvania Business For Sale |
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| MOTEL |
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| Attn: Bill Busche |
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| Not Disclosed, PA, USA |
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| Asking Price: |
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$1,700,000 USD USA Dollars |
| Business for Sale Industry: |
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Services: Hotel, Motel, Lodging |
| Reason for Selling: |
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Retirement |
| Year Established: |
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1952 |
| # of Employees: |
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2 |
| Yearly Revenues: |
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$694,621 |
| Yearly EBITDA: |
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$150,000 |
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Business for Sale Overview:
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This motel, with a restaurant, lounge, and banquet hall, in northwestern Pennsylvania is considered one of the prime spots in the area to hold wedding receptions and banquets. The motel has been family run since 1952. It is in a scenic location, surrounded by trees, on a state highway. The motel has 44 beautifully decorated rooms with wood paneling. Many of the rooms have new carpeting and furniture. Room rates are competitive, starting at $42 a night. Room occupancy is strong, with a large number people traveling into the area for business at local factories and others coming through on leisure trips, such as on elk sighting tours. The banquet hall seats up to 300 people and is considered the prettiest hall in the region. It has a nice dance floor and raised stage for live entertainment. The restaurant serves good, affordable food and is one of the only restaurants in the area. One of the owners is willing to stay on as needed after the business sale to ensure a smooth transition.
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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