Business For Sale Listing #BFS-152094:
New Jersey Hotel For Sale
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million |
| Profits: |
Between $100 Thousand and $500 Thousand |
| Profit Type: |
Not Disclosed |
| Asking Price: |
Between $2.5 Million and $5 Million ($4,900,000) |
Business Summary
This clean, still-nearly-new, 44-room, two-story, exterior-corridor hotel opened in July 2005, and has been the best-rated, highest revenue property in the market ever since. In 2007, this property handily out-performed all of the other hotel/motel properties in the market (on a revenue-per-room basis). The hotel includes a 1BR owner’s apartment, great for an on-site manager or owner-operator. Prospective buyers really need to see this property to fully appreciate the upside potential.
