This long-standing, profitable restaurant & motel (15 keys) includes a multiple-use zoned property and is located in beautiful Northeastern Pennsylvania. The restaurant has experienced stable profits and is currently supported by local customers and a growing tourist market. The business had 25+ years of success in the area with the restaurant offering an Italian menu. The motel operation is currently not in use due to owner preferences. The business is ideal for investors in the hospitality industry, first time business owners or Real Estate investors.

Growth opportunities can come through expansion of the restaurant business by adding banquet operations. Secondly, re-opening / re-marketing the motel operations at the entrance of a busy state park will generate strong revenues.

This restaurant enjoys a competitive advantage by providing fine dining to a consistent customer base. The property comes with a liquor license. Further, the location is at the entrance of a well known, beautiful PA state park with considerable tourist activity year-round.

The restaurant has been fully reviewed and conservatively appraised by a well-known national valuation firm at 2.9 SDCF (2014). A full valuation report by a national independent accredited valuation firm is included in the prospectus. The business is pre-qualified by an SBA lender subject to buyer's financials.

A comfortable three months transition period will be provided by an owner who truly wants to continue to see this business flourish. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.


Posted Aug 12, 2016

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