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Motel

New Jersey (Monmouth County)

Services - Hotels & Other Lodging

Asking Price $2,850,000 Inventory  
Gross Income $607,070 Real Estate included* 
Cash Flow $395,000 Year Established 1989
FF&E included* Employees 2 full 1 part

* included in the asking price

** not included in the asking price

Franchise Motel is two stories on a major highway. Has 30 rooms. Every room has Cable, free local calls, free wireless, airconditioning, microwave and refrigerator. Hotel Services: bus parking, free continental breakfast, FEMA approved. Average daily rate $70, Occupancy 60%. Owner apartment 4 bed 2 bath. Owners are the full time people.

Facilities: Motel is two stories with 30 rooms Has owner apartment wth 4 bedrooms and 2 bathrooms. Lot is 1.46 acres.

Competition: Motel is in a prime location near New Jersey Beaches, Racetracks and Great Adventure

Support/Training: Two WeeKs

Reason Selling: Other Interests

Business For Sale By

Not Disclosed

856-428-8900

Murray & Associates

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