High Profit Motel Business - 31 Rooms - Over $400k NET profits

Asking Price$3,900,000

Cash Flow

EBITDA$434,290

Gross Revenue$751,521

Inventory$50,000
Included in asking price
FF&E$59,073
Included in asking price
Real EstateNot Disclosed

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High Profit Motel Business - 31 Rooms - Over $400k NET profits


Asking Price$3,900,000

Cash Flow

EBITDA$434,290

Gross Revenue$751,521

Inventory$50,000
Included in asking price
FF&E$59,073
Included in asking price
Real EstateNot Disclosed

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.
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.