High Profit Motel Business - 31 Rooms - Over $400k NET profits
Business Description
This is a sale of a 31 keys independent property ideal for an onsite owner operator or a
retired couple. The property is conveniently located on Route 206 near the NJ Turnpike. It is in
good company of other franchised hotels which brings the demand into the area.
This is a full package motel business sale including three one story buildings on 3.64 +/- (conforming use) with a total of 31 guest rooms in various configurations. In addition, a manager’s living quarters
consisting of 3 bed rooms, a kitchen and a living room are all located on site.
At an asking price of 3,900,000, the property provides an excellent cash flow to the new owner. At
the asking price, the Return on Cash Investment is in excess of 20% after the debt. The property
is currently run absentee owner. The current owner is selling this property due to personal
reasons.
Consistently performing at revenue levels of over $750,000 and providing a cash flow of over $400,000.
Situated close to many area attractions including:
Columbus Farmers Market
Oxford Valley Mall
Delaware Canal State Park
Rancocas State Park
Sesame Place
The Record Collector
Mansfield Golf & Learning Center
Roebling Museum
Six Flags Great Adventure and Fort Dix army base are within driving distance
The property is well established and offers all year around steady clientele base. It is well located
with all major amenities within the walking distance.
MORE PROPERTY INFORMATION: The property has been continuously updated and shows well.
All rooms are equipped with FREE Internet, Fridge and Microwaves, Cable TVs, individual air
conditioners, desk, table chair etc.
Ask price is based on a fair market hospitably valuation of around 9%-10% cap rate.
FILL OUT THE CONTACT FORM TODAY FOR IMMEDIATE ACCESS TO THE NDA AND FULL OFFERING MEMORANDUM.
retired couple. The property is conveniently located on Route 206 near the NJ Turnpike. It is in
good company of other franchised hotels which brings the demand into the area.
This is a full package motel business sale including three one story buildings on 3.64 +/- (conforming use) with a total of 31 guest rooms in various configurations. In addition, a manager’s living quarters
consisting of 3 bed rooms, a kitchen and a living room are all located on site.
At an asking price of 3,900,000, the property provides an excellent cash flow to the new owner. At
the asking price, the Return on Cash Investment is in excess of 20% after the debt. The property
is currently run absentee owner. The current owner is selling this property due to personal
reasons.
Consistently performing at revenue levels of over $750,000 and providing a cash flow of over $400,000.
Situated close to many area attractions including:
Columbus Farmers Market
Oxford Valley Mall
Delaware Canal State Park
Rancocas State Park
Sesame Place
The Record Collector
Mansfield Golf & Learning Center
Roebling Museum
Six Flags Great Adventure and Fort Dix army base are within driving distance
The property is well established and offers all year around steady clientele base. It is well located
with all major amenities within the walking distance.
MORE PROPERTY INFORMATION: The property has been continuously updated and shows well.
All rooms are equipped with FREE Internet, Fridge and Microwaves, Cable TVs, individual air
conditioners, desk, table chair etc.
Ask price is based on a fair market hospitably valuation of around 9%-10% cap rate.
FILL OUT THE CONTACT FORM TODAY FOR IMMEDIATE ACCESS TO THE NDA AND FULL OFFERING MEMORANDUM.
About the Business
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Full support and training offered by seller.
Listing Info
- ID
- 2556042
- Listing Views
- 1
Listing ID: 2556042 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 of Use. Learn how to avoid scams.
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