Wednesday, April 20, 2011

Motel - Suffolk North Fork , East End

LOCATION! LOCATION! LOCATION! A Sleepy Little Hot Spot In The Making!! The present owners have NOT even scratched the surface sales..... This is a real Beautiful property that is Well Maintained. The numbers do not tell the story on this one ...it is a must see!! It is the property and this destination on the east end that MAKES THIS A SIZZLING HOT DEAL. The POTENTIAL IS WITHOUT BOUNDARIES. True destination and well maintained multifaceted operation...this is a Very Unique Deal With Huge Potential to be a north shore destination outside the heart of town...

Near the Tanger Outlets and the North Shore Vineyards. The North Shore becoming the other Hamptons of Long Island - This area is ready to explode and is quickly becoming a hot spot for an upscale Manhattan clientele.

This is a real property investment waiting to happen for a forward thinking investment group. Rooms are modern; the Restaurant beautifully decorated this is a Turnkey Operation. Too Much To Describe With Plenty Of Bells And Whistles to make this property a true deal well worth the asking price.

Huge Potential For A Catering Spot For High End Wedding and sales groups on the Off Season Potential Revenue will potentially by far be well over ten million dollars gross revenue!!!

This is a sweet deal please keep in mind; this is two separate lots

1) The Motel On The Bay Private Beach with 20 units on the bay

2) The Full Service Bar And Restaurant With Outside Seating over 200 seats and a full service cocktail lounge and 10 additional units for rent above the restaurant and an additional separate freestanding cottage with two high end suites

3) The Rentals range from $175 per night to more than half the rooms are considered suites renting at $300 per night during the season.



Owner/Operators; a father a 2 son team Ready to Make a Deal with dad retiring after almost 40 years and the sons involved in some new ventures. Make an offer this deal has legs and the owners are very open minded.

Gross Sales: $2,000,000
Net Proft: $705,000

NOW ONLY: $5,000,000

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