Offer description, location and category: Franchise Hotel with real estate, a gross income of $841,736 and a consistent net yearly income to the owner operator. The property consists of 5.18 acres with ninety-eight (98) rooms, located just off major state highways. The hotel has a 52% occupancy rate with absentee ownership. This industry does not require government licensing approval to purchase, however franchise approval is required. This hotel has three employees who are unaware of the pending sale and fully expected to remain post-c | Listed for sale in Salem County, New Jersey | Type of business: hotel
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ExitAdviser (this website) — your online DIY business-for-sale platform to selling a hotel business in New Jersey; July, 2018