Business for Sale Overview:
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.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
3.98 acres on major highway. About 15 minutes across bridge from downtown Philadelphia
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.