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#Business ID: 20496

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Resort Spectacular!

Business Location: Pike, Pennsylvania, United States

Asking Price: $ 2,499,000 Revenue: $ 1,953,000 Cash Flow: $ 367,120

[Furniture / Fixtures and Inventory / Stock included]
[Real Estate Included]

Business Summary

RESORTCASHCOW!

Very profitable resort with restaurant, wedding business, bus tours that visit take out pizzeria and bar available and very profitable! Residence on premises for buyer.

Business Website: http://www.tristatebusinessauthority.com

Property Details

Years Established:

1973

Property Type:

Real

FF&E:

$ 800,000

Inventory Value:

$ 1,000

Real Estate Value:

$ 1,200,000

Other Business Details

Premise Details:

Beautiful well established Resort that features huge property,wedding accommodation, bar, lounge, large restaurant, pizzeria take out and lots of entertainment is available.Very successful in business for 40 years and has afforded 5 families a lavish lifestyle.Huge 30 plus acres of picturesque property included.

Competition:

Minimal competition.This Resort has a restaurant for 320 seats that has non staying guests as well as staying guests frequent it 7 days a week.Rare business that has multiple revenue streams-Bar,Restaurant,Hotel,Motel,Meeting events pools,basketball courts and event calendar-over 300 bus tours for the day visit every year!

Expansion Potential:

Huge. Cross promotion business available, along with growth to NYC and NJ and CT and Philly residents and businesses and clubs.

Business Operation Details

Employees:

20

Support & Training:

Up to 6 months from Seller.

Miscellaneous Details

Financing Available:

Yes
To qualified buyer.

Reason For Selling:

Retirement.

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