Fantastic Hotel Motel - 12095 Business Type: business with property available,hotel / motel & other lodging
Acted as the Advisor to the Deal
All of NJ
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All of OH
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All of ME
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $750,000 | Down Payment | $0 |
| Gross Revenues | $450,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $162,000 | Number of FT Employees | Register Free to View |
Financing
$0 Down and 750,000 down includes property
Business Description
Hotel/ Motel weekly rentals only, property included 52 studio units, established 31 years. Rentals range from 170.00 to 200.00 a week with a 85% rental occupancy. Four story brick structure built to last. This would be a great family business serious inquiries only.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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