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Pennsylvania Business For Sale

 

HOTEL/BED AND BREAKFAST


Attn: John Schmitt
Tunkhannock, PA, USA
Listing #: 937821835
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Asking Price: $649,000 USD USA Dollars
Business for Sale Industry: Services: Hotel, Motel, Lodging



Business for Sale Overview:
The Incredible Prince Hotel, located in Tunkhannock, Pennsylvania, is actually as much of a grand showplace as it is a lodging facility. The captivating hotel has been under present ownership since 1992. The Prince Hotel has earned an excellent reputation over the past 158 years for prompt and courteous service, intriguing ambiance and décor reminiscent of “days gone by”, antique heirloom furnishings in faithful keeping with the era, clean and comfortable accommodations, savory food and drink, easy access to local attractions, convenient hours and location, and competitive rates. The Prince Hotel maintains an extensive base of satisfied patrons from all walks of life, spanning generation to generation . . . . from the weary traveler, to the tourist, to the sportsman, to the local out for a weekend get-away. There are many excellent avenues for growth, especially by actively pursuing the wedding trade. The structures that houses this hotel is a very well maintained and updated historical landmark building, well suited for its intended use, with ample parking, signage, and curb appeal. The location, with downtown city street frontage and significant public exposure is prime. Name recognition, reputation, longevity, profitability, established patronage, growth capabilities, diversity, location, priced to sell . . . all of these attributes make this offering a sound venture for the fortunate party who acquires it. A highly successful, well established historical hotel of this caliber, 158 years in the making, and at this selling price does not come along every day! Imagine, for a moment . . . owning a business that would afford one such opulence, luxury, and aesthetics!

Property Features and Assets:
The Incredible Prince Hotel, located in Tunkhannock, Pennsylvania, is actually as much of a grand showplace as it is a lodging facility. The captivating hotel has been under present ownership since 1992. The Prince Hotel has earned an excellent reputation over the past 158 years for prompt and courteous service, intriguing ambiance and décor reminiscent of “days gone by”, antique heirloom furnishings in faithful keeping with the era, clean and comfortable accommodations, savory food and drink, easy access to local attractions, convenient hours and location, and competitive rates. The prince Hotel maintains an extensive base of satisfied patrons from all walks of life, spanning generation to generation . . . . from the weary traveler, to the tourist, to the sportsman, to the local out for a weekend get-away. There are many excellent avenues for growth, especially by actively pursuing the wedding trade. The structures that houses this hotel is a very well maintained and updated historical landmark building, well suited for its intended use, with ample parking, signage, and curb appeal. The location, with downtown city street frontage and significant public exposure is prime. Name recognition, reputation, longevity, profitability, established patronage, growth capabilities, diversity, location, priced to sell . . . all of these attributes make this offering a sound venture for the fortunate party who acquires it. A highly successful, well established historical hotel of this caliber, 158 years in the making, and at this selling price does not come along every day! Imagine, for a moment . . . owning a business that would afford one such opulence, luxury, and aesthetics!

Market Competition and Expansion:
The Incredible Prince Hotel, located in Tunkhannock, Pennsylvania, is actually as much of a grand showplace as it is a lodging facility. The captivating hotel has been under present ownership since 1992. The Prince Hotel has earned an excellent reputation over the past 158 years for prompt and courteous service, intriguing ambiance and décor reminiscent of “days gone by”, antique heirloom furnishings in faithful keeping with the era, clean and comfortable accommodations, savory food and drink, easy access to local attractions, convenient hours and location, and competitive rates. The prince Hotel maintains an extensive base of satisfied patrons from all walks of life, spanning generation to generation . . . . from the weary traveler, to the tourist, to the sportsman, to the local out for a weekend get-away. There are many excellent avenues for growth, especially by actively pursuing the wedding trade. The structures that houses this hotel is a very well maintained and updated historical landmark building, well suited for its intended use, with ample parking, signage, and curb appeal. The location, with downtown city street frontage and significant public exposure is prime. Name recognition, reputation, longevity, profitability, established patronage, growth capabilities, diversity, location, priced to sell . . . all of these attributes make this offering a sound venture for the fortunate party who acquires it. A highly successful, well established historical hotel of this caliber, 158 years in the making, and at this selling price does not come along every day! Imagine, for a moment . . . owning a business that would afford one such opulence, luxury, and aesthetics!


Additional Details:
  • The property is owned.
  • The owner may be willing to train/assist the new owner.
  • The owner may be willing to work for the new owner.
  • This may become a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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