28 Room Franchise Motel in Atlantic County

This is a two story motel in Atlantic County located on a busy road with a very easy commute into Atlantic City. The seller has invested money into building modification only two years ago and so the building is in very good conditioned and is a well maintained and clean business. This is a beautiful building with 20+ parking spaces with easy accessibility and the business is surrounded by many other smaller businesses. The motel offers 28 rooms and has an apartment for a manager which is also available. The cash flow noted is for an owner/operator working 50 hrs. per week taking NO salary; before debt service.
 
Geography: State:New Jersey  County:
Asking Price: $1,000,000
Cash Flow: $92,000
Down Payment: $300,000
Franchise: -
Reason for Selling: Brought Other Motel far from here
Re Inc.: Yes

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