Profitable Motel With Property in Strategic Location! Priced To Sell!
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This well-established two-storeyed 23-room motel represents a solid hospitality investment opportunity that includes 12 double-occupancy rooms, 11 single-occupancy rooms, and five premium suites equipped with Jacuzzi amenities. This room mix provides operational flexibility and multiple revenue streams to maximize occupancy rates across different market segments.
Financial Performance:
- Annual gross revenue of $425,000
- Average daily rate of approximately $95 per room
- 45 % Occupancy Rate
- Established revenue history with continuous operations
-Owner/Manager Living Quarter
The property has undergone comprehensive renovations that include complete interior painting, new carpeting throughout all guest rooms, and fully renovated bathrooms.
With over years of continuous operations, the business maintains an established customer base and documented revenue history.
Excellent Opportunity at a great price for owner-operator or investor!
Financial Performance:
- Annual gross revenue of $425,000
- Average daily rate of approximately $95 per room
- 45 % Occupancy Rate
- Established revenue history with continuous operations
-Owner/Manager Living Quarter
The property has undergone comprehensive renovations that include complete interior painting, new carpeting throughout all guest rooms, and fully renovated bathrooms.
With over years of continuous operations, the business maintains an established customer base and documented revenue history.
Excellent Opportunity at a great price for owner-operator or investor!
About the Business
- Years in Operation
- 18
- Employees
- 2 (1 Full-time, 1 Part-time)
- Facilities & Assets
- 23 key motel with owner/manager living quarter. Comfortable rooms with air conditioning and free Wifi. Nearby amenities and attractions include shopping and recreational activities.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Seller is looking to retire
- Transition Support
- Seller is willing to provide 2 weeks of training to ensure smooth transition to the new buyer
Listing Info
- ID
- 2489482
- Listing Views
Listing ID: 2489482 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.
Businesses for SaleNew Jersey Businesses for SaleNew Jersey Entertainment & Leisure Businesses for SaleNew Jersey Hotels & Motels Businesses for Sale
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