Elk County Bar/ Restaurant and Hotel

Elk County, PA

Asking Price:	$600,000
Gross Revenue:	$700,000

Cash Flow:	$70,000

Listing ID: 2305337Listing provided by BizBuySell

BUSINESS DESCRIPTION

Everything You Need to Create A Rural Tourist Destination

This bar/ restaurant and motel has been a steadfast business in the community, although it has taken on several different names. The building has housed operating bars and motels for over 30 years, so it is very popular amongst locals. This Elk County location is conveniently located to bring in travelers through the area. The motel has a capacity of eight motel rooms and five long term rented apartments. This location is perfect for entrepreneurs that would like to start an Airbnb business, with the motel rooms and possibly enough room to place multiple camper sites on property.

DETAILED INFORMATION

Location

Elk County, PA

Inventory

Not Included in asking price

Real Estate

Owned

Included in asking price

Building SF

11,500

Facilities

Bar & Grill - 5,000 sqft Apartments and Motel rooms- 6,500 sqft Real Estate: Approx 4 acres # Of Seats: 161 (including second bar/event space)

Growth & Expansion

This location is perfect for entrepreneurs that would like to start an Airbnb business, with the motel rooms and possibly enough room to place multiple camper sites on property.

Support & Training

Yes

Reason for Selling

Other obligations, retirement forthcoming

Report an Issue with this listing