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Motel- with free standing Bar/Restaurant

Middlesex County, New Jersey

Asking Price: Gross: Cash Flow:
$5,500,000 Undisclosed Undisclosed

Inventory Value:
$25,000 (included in the asking price)

Real Estate:
$5,000,000 (included in the asking price)

Business Summary:
For further information, please contact Ted Cerulli at908-851-9040 Ext 269

 
   
   
Year Business was Established: 1961
   
Facilities / Terms of Lease: 65 unit motel with free standing Bar/Restaurant seating approximately 200 car parking lot on over 5 acres- qualified buyers- please see Ted.  
   
Potential Growth/Expansion: Both Bar & Motel business can be expanded with enhanced marketing and more aggressive business model; Bar-Restaurant is open but needs owner-operator and new blood to identify and go after the thousand of people that drive by daily. The bar/restaurant business can be greatly improved; Thus steering new patronsto the motel.  
   
Competition: Limited  
   
Owner willing to finance: Qualified buyers- see Ted  
   
Owner willing to train: 2-4 weeks  
   
Reason for selling: Other business interest  
 

 

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