50 Unit Motel for Sale in Wildwood Crest, NJ.

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50 Unit Motel for Sale in Wildwood Crest, NJ.

Business Description

50 Unit Motel + 2 apts. + 3 Bdrm. house, gift shop, coffee shop, large outdoor heated pool w/ kiddie area & sundeck. Each room has microwave, refrigerator, heat/air conditioning. Porcelain tile floors in all first and second floor units. 1 block to ocean and 8 blocks to boardwalk. Parking 62 cars. Same owner for 15 years.

About the Business

Location:
Cape May County, New Jersey
Year Established:
1958
Number of Employees:
15PT
Real Estate:
Owned
Facilities:
50 Units. Gift shop. Coffee shop. Large outdoor pool with kiddie area and Sundeck. 1 block to ocean & 8 blocks to boardwalk. Parking 62 cars.
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About the Sale

Reason For Selling:
Retiring
Training/Support:
2 Weeks

Listing Info

ID:
1618430
Ad Detail Views:
0
Asking Price:
$4,600,000

Gross Revenue:
$474,000
Cash Flow:
$225,000
EBITDA:
$225,000
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$3,250,000
included in asking price

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Business Listed by

Eleanor Murray

Murray & Associates

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