Profitable Motel With Property In Strategic Location For Sale - Business for Sale
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23-Room Motel with Property in Atlantic City, NJ
Atlantic City, NJ, US
Added 1 day ago
Hospitality - Motel
A 23-room motel with double, single, and premium Jacuzzi suites, including property and owner/manager living quarters, located in Atlantic City, NJ.
Key Information
Asking
$1.2M
Revenue
$425K
Earnings
$280K
Multiple
4.3x
Key Highlights
- 23-room motel with 12 double-occupancy rooms, 11 single-occupancy rooms, and 5 premium suites with Jacuzzi amenities
- Average daily rate of approximately $95 per room
- 45% occupancy rate
- Property includes owner/manager living quarters and has undergone comprehensive renovations (interior painting, new carpeting, fully renovated bathrooms)
Contact Info
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