Services - Hotels & Other Lodging

Asking Price	$5,750,000	Inventory
Gross Income	$1,150,000	Real Estate	$2,842,900*
Cash Flow	$660,000	Year Established	1969
FF&E	N/A	Employees	10 ft

* included in the asking price

** not included in the asking price

Great location in South Jersey on a major highway. 100 rooms. Restaurant with liquor license and banquet room leased on a long-term basis. Continental breakfast provided. Prestigious area close to Philadelphia. Approximately 4 acres of ground. An experienced owner/operator can add to existing facilities. Public water and sewer. Can bring a national franchise chain or a sports bar - the present lease can be bought out. Very low royalties - fixed payments of only $2,000 per month. Franchise lease is year to year. Room rates (ADR) : $55 on weekdays and $65 on weekends. 65% occupancy rate.

Support/Training: 2 weeks

Reason Selling: Retirement