Business Summary

Asking Price: $3,400,000
Gross Income: $650,000
Cash Flow: $275,000
EBITDA: N/A
FF&E: N/A
Inventory: N/A
Real Estate: N/A
Established: 1993
Employees: 4

Business Description:-
Newly renovated 26 room motel with property located 25 minutes west of the Hamptons and
an hour east of Manhattan. 75-100% occupancy year-round. Rooms include King, Queen, Kitchenette and Jacuzzi rooms. Rates run from 65-$125 per night. Many local attractions nearby including beaches and state parks. Building has been completely renovated inside and out with all new windows, siding and bathrooms. Located on major highway. 2 private homes located on property with rental income, including managers home. Property over 1.4 acres with room for additions. Large
and private parking lot for use of motel only. This is a must see, updated and busy motel in great location.

Detailed Information:-
Inventory: Included in asking price
Real Estate: Included in asking price
Facilities: Newly Renovated, 26 Units, 75-100% Occupancy year round, $65-125 per night, Located on Main Highway, 2 Private Homes on property w/rental income + Managers Home, 1.4 Acres, Free Standing Building
Support & Training: 2 Weeks
Reason for Selling: Moving

Property Details