Sanjay Gupta
Hospitality Asset Sale Specialist and Advisor
Phone 973-244-5997
Fax 973-244-5998

Flag With Times Commercial Realty

View Sanjay Gupta's profile on LinkedIn

Independent Motel for Sale in Hershey PA

 
Number of Units: 22 hotels for sale motels for sale
 
Price: $ 2,000,000

22 Rooms motel including some suites Hershey, PA 17033 in Hershey close to Hershey park


2014

2015

2016

2017

Revenues

$473,095

$521,828

$412,332

$453,604

ADR

$112.14

$114.42

$104.56

$110.80

Occupancy

52.50%

58%

48.87%

51.66%






*operated as flag till July 31st and is independent from Aug 1, 2017

The new owner since 2015 due to his illness could not do better and passed away few months of take over and the family is not equipped to run the hotel as it is currently been managed by the wife and the children are not available to work at the hotel hence put for sale. Out of 22 rooms 7 rooms are triple bed suites. Motel has indoor swimming pool. Has good access and close to PA turnpike.

This hotel is in the proximity of Hershey park and provides good opportunity for the hands on Owner Operator. Motel is currently independent and can be franchised again.

Above photos provided by previous ownership

Detailed financial package available to qualified and serious buyers only.