Profitable Motel With Property in Strategic Location! Priced To Sell! - Business for Sale
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23-Room Motel with Property in Atlantic County, NJ
NJ, US
Added 1 month ago
Motel / Hospitality
18 years in business
This listing is for an established 23-room motel with property in Atlantic County, NJ, featuring a mix of single, double, and premium suite accommodations and on-site owner/manager living quarters.
Key Information
Asking
$1.2M
Revenue
$425K
Earnings
$280K
Multiple
4.3x
Key Highlights
- Motel has 23 rooms: 12 double-occupancy, 11 single-occupancy, and 5 premium suites with Jacuzzi amenities
- Average daily rate is approximately $95 per room
- Occupancy rate is 45%
- Business has been established for 18 years
- Comprehensive renovations include interior painting, new carpeting, and fully renovated bathrooms
- Includes owner/manager living quarters
- Located in Atlantic County, NJ
Contact Info
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