Seller's Contact Information
- RE: Newly Renovated Major Hotel
- Contact: JOSEPH HAMZA
Quick Facts
| Asking Price: | $100,000 | |
| Annual Revenue: | $3,238,414 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $687,707 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2003 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 4840630 | |
| Broker Reference #: | 2201201825 |
Business Overview:
This Is it! Great OPP is available. Newly Renovated Hotel Reading PA. not opened yet and is ready to launch in the next few months,
FOOD & BEVERAGE with three income streams Banquet Rooms, Bar Lounge & Full Restaurant entrance from 2 areas of the Street and inside the Hotel.
Use of Liquor License available included in the rent.
Long-term lease available
All numbers are projections only
5 other Locations are available in different Major Cities, and LONG TERM LEASES are Available Don’t miss out on contact NOW! This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower-middle-market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent Joseph Hamza. Please refer to listing #2201201825
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Property Features and Assets:
Lease/Month: $15,000;Square Footage: 15,000;Building Type: Hotel; Terms & Options: 2 five year;Expiration Date: 12/31/2028.
Market Competition and Expansion:
Non Compete: Miles: 25 Years: 5.
Reason for Selling:
Other business interest.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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