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Advert Ref: GI PA

Western Pennsylvania Hotel & Restaurant Catering For Sale

Details: Asking price:$1,150,000; Sales revenue:$1,104,979; Net profit:$177,967; Fixtures value:Undisclosed; Inventory value:Undisclosed

Business description: An opportunity to buy a performing hotel with the real estate and restaurant, bar, banquet hall in good condition. The total reveneus for the year 2007 and 2008 stood for 1,073,386 and 1,104,979 respectively. The NOI (net operating income) for both the years stood at 84,402 and 177,967 respectivelyl whereas owner's salary is also included in both the years. This property has not shown any decline with the economy and stands well in its performance. Motivated seller asking 1,150,000. The property is giving 15% on the asking price.

General information: Years established:Cureent owner from last 2 years; Trading hours: 7 Days 24 hours; Real Estate: Real Property Included; Living accomodation:Yes; Location:Western Pennsylvania; Competition / Market:Growing market; Support & training:Available; Reasons for selling:Personal situation; Financing available?SBA