Asking Price: $5,000,000 Gross Revenue: $1,400,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Rare opportunity to own a Class A Hershey/Harrisburg Hotel. Built in 2006 and completely renovated in 2013. NOI $500,000 ~ 10% CAP! An annual occupancy rate of 60%. No PIP required following settlement! Area attractions include Hershey Amusement Park, Hershey Medical Facilities, Harrisburg State Capitol, etc.
About the Business
Building Sq. Ft.:
56 room Hotel on a 2.13 acre site. Amenities include: Indoor heated pool, complimentary breakfast, exercise facilities, deck chairs/tables, market place located in lobby, complimentary motor coach parking, 100% smoke-free hotel.
Located on busy four lane state highway (traffic count approx. 20,000 or more vehicles per day) close to Hershey Medical Center, Hershey Park and all the area has to offer.
Growth & Expansion:
An additional 18 rooms can be added to the original structure - pad ready. A contiguous 2.25 acres are also available for sale for $895,000 for future expansion possibilities.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.