MOTEL
Seller:
Not Available
Location:
Camden County, NJ, USA
Listing Number:
"3607"
Overview of the Business:
Great location in South Jersey on a major highway. 100 rooms. Restaurant with liquor license and banquet room leased on a long-term basis. Continental breakfast provided. Prestigious area close to Philadelphia. Approximately 4 acres of ground. An experienced owner/operator can add to existing facilities. Public water and sewer. Can bring a national franchise chain or a sports bar - the present lease can be bought out. Very low royalties - fixed payments of only $2,000 per month. Franchise lease is year to year. Room rates (ADR) : $55 on weekdays and $65 on weekends. 65% occupancy rate.
Property Features and Assets:
3.98 acres on major highway. About 15 minutes across bridge from downtown Philadelphia
Additional Details:
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