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Listed by:

Lamon Associte

Profitable Motel With Property In Strategic Location For Sale

Atlantic City, New Jersey, US
Asking Price:
$1,200,000
Sales Revenue:
$425,000
Cash Flow:
$280,000

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:

  • Annual gross revenue of $425,000
  • Average daily rate of approximately $95 per room
  • 45 % Occupancy Rate
  • Established revenue history with continuous operations
  • Owner/Manager Living Quarter

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!

Property Information

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.

Business Operation

Reasons for selling:

Seller is looking to retire

Employees:
2 (1 Full-time, 1 Part-time)
Years established:
18 years

Other Information

Support & training:

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