Business Summary

Asking Price: $1,450,000
Gross Income: Not Disclosed
Cash Flow: Not Disclosed
EBITDA: N/A
FF&E: N/A
Inventory: N/A
Real Estate: N/A
Established: 1997
Employees: 3

Business Description:-
Cozy and well maintained motel nestled on 1.5 acres featuring 22 fully furnished rooms on the South Shore of Long Island. Highly visible location on major roadway only 1/4 mile leading directly to the beach and other public park areas. Owned by same owner for over 15 years. This profitable motel has been recently updated with new roof, new windows, camera system, parking lot. Immaculately kept and maintained both inside and out. Private 3 bedroom home located on
property which can be used for owner/ operator or manager or may be rented out. ADR = $75-$80,
Occupancy Summer 80-85%, Winter 55%. Located near a long list of nearby attractions such as beach,
shopping centers, nature park etc. Property is for sale and must be purchased along with business. Owner want to retire - Great opportunity. A/C, Full sized beds, TV, Phone. Motels surroundings with lots of comfortable shaded picnic areas. Motel is located next to a bar and restaurant.

Detailed Information:-
Real Estate: Included in asking price
Facilities: 10,000 sf on 1.5 acres
Support & Training: Will train
Reason for Selling: retiring/ relocating

Property Details