Profitable Motel With Property in Strategic Location! Priced To Sell! - Business for Sale
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23-Room Motel with Property in Atlantic, NJ
NJ, US
Added 5 days ago
Entertainment, Leisure, & Recreation
18 years in business
A 23-room motel with renovated facilities and owner/manager living quarters located in Atlantic, NJ, operating for 18 years in the hospitality sector.
Key Information
Asking
$1.2M
Revenue
$425K
Earnings
$280K
Multiple
4.3x
Key Highlights
- 18 years in operation
- 23 rooms: 12 double-occupancy, 11 single-occupancy, 5 premium suites with Jacuzzi
- Owner/manager living quarters included
- Comprehensive renovations: new carpeting, interior painting, renovated bathrooms
- Average daily rate: $95 per room
- 45% occupancy rate
- Property included in sale
Contact Info
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