Hotel/ Shops - Business for Sale
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Hotel and Hostel with Restaurant and Bar in Philadelphia, PA
Philadelphia, PA, US
Added 26 days ago
Hotel with restaurant, bar, and retail
68 years in business
A 48-unit hotel and hostel in Philadelphia, PA with restaurant, bar, package goods, check cashing services, and commercial spaces on long-term leases; 36 rooms are convertible to 18 apartments.
Key Information
Asking
$1.9M
Revenue
$750K
Earnings
$450K
Multiple
4.2x
Key Highlights
- Business consists of a 48 unit hotel/hostel with restaurant, bar, package goods, and check cashing services
- 36 rooms can be converted to 18 apartments
- Commercial spaces are all on long term leases
- Business has been established for 68 years
- Located in Philadelphia, PA
Contact Info
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