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Hospitality

Profitable Motel With Property In Strategic Location

Atlantic City, NJ, USA
Listed 112 days ago

This well-established two-storeyed 23-room motel represents a solid hospitality investment opportunity that includes 12 double-occupancy rooms, 11 single-occupancy rooms, and five premium suites equipped with Jacuzzi amenities. This room mix provides operational flexibility and multiple revenue streams to maximize occupancy rates across different market segments. Financial Performance: The property has undergone comprehensive renovations that include complete interior painting, new carpeting throughout all guest rooms, and fully renovated bathrooms. With over years of continuous operations, the business maintains an established customer base and documented revenue history. Excellent Opportunity at a great price for owner-operator or investor!

Employees

2 (1 Full-time, 1 Part-time)

Real Estate

Real Property Included

Premises Details

23 key motel with owner/manager living quarter. Comfortable rooms with air conditioning and free Wifi. Nearby amenities and attractions include shopping and recreational activities.

Years Established

18 years

Support & Training

Seller is willing to provide 2 weeks of training to ensure smooth transition to the new buyer

Reason for Selling

Seller is looking to retire

Financials

Asking Price
$1.2M
RevenueMost Recent Year
$425K
Earnings (SDE)Last Reported
$280K
Assets Value
Undisclosed
Seller Financing
Not available

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