Hospitality & Travel · Hospitality
Established Motel for Sale in New York with Strong Revenue Potential
NY
Asking price
$1,650,000
Cash flow
$375,000
Revenue
$512,000
Multiple
4.4×
About this business
This well-established motel features 22 rentable rooms and operates a front desk from 9 AM to 9 PM on weekdays. It incurs no advertising costs and avoids commissions from third-party booking sites, as government contracts account for most room occupancy. The owner-operated model emphasizes operational efficiency with weekly room cleaning or as new vouchers are received. The motel is equipped with RFID door locks and has the potential to upgrade to Bluetooth technology. High demand during winter leads to nearly full occupancy, making this a prime opportunity to enter the hospitality sector with an established business and solid cash flow.
Details
| Real estate | Leased |
|---|---|
| Reason for sale | Other business interests |
| Location | New York |