Share This Posting from BizBen.com
Share this listing with a friend, colleague, or interested buyer!
Mercer County, New Jersey
Absentee Cash Flowing 18-Room Boarding House For Sale
Asking Price
$1,400,000
Revenue
Call/Email
Down
$1,400,000
Cash Flow
Call/Email
Name: Chris Driscoll
Name
Chris Driscoll
Description
The first floor has a wide and open floor plan ripe for expansion as the home has a Certificate of Occupancy for 31 tenants. Owner receives numerous calls each week with potential tenants so full occupancy is the norm. 6 additional rooms can be built on this floor which would add approximately $5K/mo in revenue.
Occupied rooms are located on both the 2nd and 3rd floors. There are some larger rooms but most are similar in size with shared/common areas, bathrooms and washer/dryer.
The property is fully licensed and up to code including: Owner/Operator License for Boarding, Fire/Safety Compliance, Housing/Building Compliance, and Boiler Permit. All licenses/certifcates are on site.
The building is being sold as is, however, currently one bathroom is being updated along with the flooring on the 2nd floor. There is a new electric panel, the roof was replaced only two years ago, and both the boiler and hot water heater are three years old.
An local former resident helps owner with small tasks around property and collection of rent. Owner lives about 2 hours away and picks up rent every other week. This is a largely absentee business.
Rental income is $200K per year and nets $140K. Expenses are $58K and details will be provided to serious buyers.
With a potential to add 13 more tenants there is significant upside to this investment property. Adding only six more rooms would equate to about $60K uptick in rental income and increasing Cap Rate significantly.
https://tworld.com/locations/New-Jersey/princeton/listings/Absentee-Cash-Flowing-18-Room-Boarding-House-For-Sale
Business Details
Year Established:
1985
Reason for sale:
Retiring
Lease & Tenant Information
Lease Options:
N/A
Other Information
Listing Number:
60405-804134
Sales:
$198,000
Seller's Discretionary Earnings:
$140,000
Posting Information
Posting ID:
ID tw:90585 / Listing Number 60405-804134
Business Category:
Real Estate Related
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Absentee Cash Flowing 18-Room Boarding House For Sale
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*90585
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
Recommended Businesses
Mercer County, New Jersey
Convenience Store / Lottery in Mercer County
$ 320,000
Excellent opportunity to take over this 5-year old Convenience Store located on busy street in a strip mall location. Plenty of space for additional opportunity for growth and additional sales. With a solid diversified mix of lottery, tobacco, ATM, Bitcoin and grocery revenues this store is ready for a focused owner who wants to grow to the next level. With 2,400 square feet the space offers several clear and immediate avenues for expansion that a new owner can capitalize on. The recently installed Bitcoin ATM is already drawing a passive revenue stream with no labor required. The store also features a large, unused back area that is perfectly suited for a full deli build‑out—an opportunity the current owner has already begun preparing for by purchasing the meat case, coolers, and essential fixtures. A deli would significantly increase daily sales, attract new customers, and create strong repeat business through prepared foods, sandwiches, and grab‑and‑go items. In addition, an adjacent 1,500‑square‑foot space presents a rare chance to expand the store’s footprint or introduce a complementary business concept. With some creativity, this area could support anything from a small café or specialty grocery section. Together, these opportunities position Lucky Mart for substantial revenue growth with relatively modest investment. https://tworld.com/locations/New-Jersey/princeton/listings/Convenience-Store-Lottery-in-Mercer-County
Rockland County, New York
Real Estate Law Firm - Consistent Revenue & High Earnings
$ 1,350,000
An exceptional opportunity to acquire a highly reputable, multi-jurisdictional real estate and construction law firm. Serving an elite clientele across the greater New York and New Jersey metropolitan markets, this firm has built a strong market presence around efficiency, technical precision, and deep regional expertise. The practice caters to a diverse portfolio of business owners, commercial property owners, real estate developers, institutional and private lenders, and residential homeowners, ensuring a steady stream of recurring business, high-value transactions, and retainer-based revenue. Core Practice Areas & Specialized Capabilities The firm’s interdisciplinary practice goes well beyond standard real estate closings, offering a comprehensive suite of legal and operational real estate services: Commercial & Residential Real Estate Law: Full-service representation covering acquisitions, dispositions, leasing, title review, and general transactional advisory services designed to streamline closing timelines. Lender Services & Financial Litigation: Specialized representation for institutional and private lenders, managing loan closings, debt restructurings, workout agreements, foreclosure proceedings, and financial litigation. NYC High-Rise Development Practice: A premier niche specialization in high-density urban developments across New York City. The firm has served as trusted counsel on numerous iconic high-rise projects, handling complex zoning, offering plans, and regulatory compliance. Turnkey Project Management Advisory: Integrated legal and operational management services, including municipal permitting, construction contracts, risk management/insurance advisory, offering plan creation (Condo/Co-op AG filings), and developer closings. Key Value Drivers & Growth Opportunities What sets this firm apart is its dual-state licensing and boots-on-the-ground presence across New York and New Jersey, providing a distinct competitive moat in cross-border real estate transactions. With deeply entrenched client relationships, strong referral networks among developers, brokers, and lenders, and an esteemed reputation for local municipal representation, the practice offers immediate operational synergy for an acquiring law firm, a regional legal group looking to expand into the NY/NJ metro area, or an ambitious partner group seeking a turnkey, high-margin practice. Growth potential exists in scaling digital marketing, expanding dedicated litigation practices, and formalizing ongoing retainer models with regional commercial developers. https://tworld.com/locations/New-York/upper-bergen-county/listings/Real-Estate-Law-Firm-Consistent-Revenue-High-Earnings
North Carolina
Community Grocery Store with Real Estate and Growth Potential
$ 525,000
-NOTE - TOTAL PURCHASE PRICE IS $1,925,000 - INCLUDES REAL ESTATE- Professional real estate CMA is available upon request Established community grocery store offering a convenient, welcoming shopping experience in a market with limited local grocery options. The store provides a variety of everyday grocery essentials, fresh food options, and household staples at competitive prices, serving as an important resource for residents in the surrounding area. Since opening in 2022, the business has developed a loyal customer base and strong presence within the local community. The store is known for its friendly, personalized service and small-town atmosphere, with staff focused on creating a positive customer experience. Employees go beyond traditional checkout service by assisting customers with their purchases and helping load groceries when needed. The business operates from a purpose-built facility constructed specifically for the grocery operation. In addition to the existing retail space, the property offers an opportunity to expand the product mix and generate additional revenue through outdoor sales of items such as mulch, pine straw, seasonal flowers, plants, and other complementary products. With an established customer base, strong community ties, limited nearby grocery competition, and opportunities for continued growth, this business presents an attractive opportunity for a buyer seeking an established retail operation with room for further expansion. A significant growth opportunity exists through the utilization of currently unused outdoor space on the property. A new owner could expand the store’s existing product offerings to include complementary lawn, garden, and seasonal products such as mulch, pine straw, flowers, plants, and other outdoor merchandise. This expansion could create an additional revenue stream while maximizing the use of the property and providing customers with greater convenience. With ample space available, the business offers a new owner the flexibility to introduce additional product categories and explore other revenue-generating opportunities based on local demand. https://tworld.com/locations/North-Carolina/eastern-nc/listings/Community-Grocery-Store-with-Real-Estate-and-Growth-Potential
75 plus Long Term Property Management Book of Business
$ 250,000
75 Home Long Term Property Management Company located in the greater Orlando Area. Business operates off of the Appfolio software. This is an ideal ad on. A long term business with good customer base. Owner is looking to slow down as retirement approaches. Ideal for existing company and or real estate broker looking to enter the space and balance out the ebb and flow of real estate sales. Contact Agent Send nda as the greater Orlando market continues to expand property management services remain a premium https://tworld.com/locations//tampa/listings/75-plus-Long-Term-Property-Management-Book-of-Business
Texas
Established Home Inspection Business for Sale in Amarillo, TX
$ 125,000
The Company is an established franchise home inspection business serving Amarillo and the greater Texas Panhandle under an exclusive territorial agreement. Founded in 2023, the business has grown rapidly, with revenue roughly doubling year over year and currently on pace to exceed $150,000 in annual sales. Services span residential and commercial property inspections as well as specialty offerings including sewer scope, radon testing, foundation evaluations, air quality assessments, and water testing, giving the Company multiple revenue streams per transaction and a competitive edge over single-service independents. A field team of two contract inspectors is already in place, allowing a new owner to step in as either an owner-operator for maximum earnings or a semi-absentee manager from day one. The Company's most valuable asset is a deep Realtor referral network cultivated over three years of deliberate relationship building that is now converting into consistent, recurring deal flow. With an exclusive franchise territory that extends well beyond Amarillo into surrounding Panhandle communities, significant untapped growth remains in geographic expansion, commercial inspection development, and cross-selling specialty services on every residential job. The business is listed at $125,000, with potential seller financing available. Significant growth remains available across multiple channels. Within Amarillo proper, residential inspection penetration still has room to deepen, while the surrounding Panhandle communities within the franchise territory have barely been touched and require only additional drive time to reach. The commercial inspection channel, currently about 20% of revenue, is just beginning to develop and could expand substantially with dedicated business development effort. Longer term, adding inspectors, formalizing digital lead generation, and building a CRM follow-up system would layer a new demand channel on top of the proven relationship base. https://tworld.com/locations/Texas/southandwesttexas/listings/Established-Home-Inspection-Business-for-Sale-in-Amarillo-TX
Maricopa County, Arizona
Residential Cleaning & Property Services Business | 31+ Years Est
$ 280,000
This established East Valley residential cleaning and property services business has operated for more than 31 years, developing a loyal customer base and strong presence within desirable, higher-income communities. The company provides recurring residential house cleaning along with property management and coordination of a broad range of home services. Revenue has remained consistent annually over the past three years, with approximately 63% generated from house cleaning and 37% from property management services. The business is supported by experienced personnel, including key team members with more than 20 years of tenure. A new owner has opportunities to increase digital marketing, expand cleaning capacity, cross-sell additional residential services, and further develop relationships with seasonal and absentee homeowners. Investment Highlights: - 31+ years of established operations - Consistent annual revenue near $400K - Recurring residential cleaning relationships - Diversified cleaning and property service revenue - Experienced, long-tenured personnel - Broad range of residential services - Multiple opportunities for continued growth Interested in learning more? Contact Rose Willis with Transworld Business Advisors for additional information and to take the next step in exploring this opportunity. https://tworld.com/locations/Arizona/phoenix/listings/Residential-Cleaning-Property-Services-Business-31-Years-Est
Brown County, Wisconsin
Fully Remote Real Estate Wholesaling Franchise
$ 225,000
Established in 2021, this franchised real estate wholesaling business sources off-market residential properties in a large metro area and assigns purchase contracts to a network of cash investors. The company operates under a national franchise brand with locations in more than 20 states, giving the owner access to proven systems, training, and a corporate deal-marketing program that generates buyer leads on every property placed under contract. The business is 100% virtual. There is no office, lease, or physical inventory, and the owner and all six team members work remotely. The current owner operates in a management role at roughly 10 hours per week, focused on hiring, training, and oversight, while the team handles acquisitions, dispositions, and transaction coordination. The recent softening reflects a deliberate step back by the owner and a near-complete team rebuild in the past year, with several team members still inside their first 90 days. The owner is selling to focus on family and other real estate ventures. Seller financing may be considered for a qualified buyer at a higher price point. The clearest growth path is owner engagement. The business produced its strongest results when the owner was active in acquisitions with a smaller team; today it has six trained team members and a larger infrastructure than it did at peak revenue. A buyer willing to commit 20 to 30 hours per week to deal flow and team leadership is well positioned to return to and exceed prior performance. Additional opportunities include expanding the buyer list beyond the current investor base, leveraging the franchisor's buyer-lead program more aggressively, adding creative-finance and novation deal structures, and using the virtual model to scale volume without adding fixed overhead. For an existing Detroit investor, the business also offers first look at every off-market property the team sources. https://tworld.com/locations/Wisconsin/northeast-wisconsin/listings/-Fully-Remote-Real-Estate-Wholesaling-Franchise
Maricopa County, Arizona
Established Short-Term Rental Management Company | $789K+ Sales
$ 160,000
Opportunity to acquire an established short-term vacation rental management company serving the greater Phoenix and East Valley markets. Founded in 2020, the business has grown to 17 managed properties and generated more than $789K in 2025 annual sales. The company has built an impressive presence on Airbnb with 1,500+ guest reviews and 24 consecutive quarters of Superhost status. An experienced team, established vendor relationships, and proven operating systems are already in place to support the portfolio. Investment Highlights: - 17 actively managed vacation rental properties - $789K in 2025 annual sales - 1,500+ Airbnb guest reviews - 24 consecutive quarters as an Airbnb Superhost - Lean, established staff and contractor structure - Asset-light management business model - Clear opportunity to add additional management clients - Seller training and transition support included This is an attractive opportunity for an entrepreneur, existing property manager, or vacation rental operator looking to acquire an established platform with a strong marketplace reputation and room for continued expansion. Ready to learn more? Contact Ryan McCarthy with Transworld Business Advisors to request additional information and take the next step in exploring this opportunity. https://tworld.com/locations/Arizona/phoenix/listings/Established-Short-Term-Rental-Management-Company-789K-Sales
Recommended Brokers
ProInter
Harry Sidhu
Mission Peak Brokers, Inc.
Harry Sidhu is a dream maker. By making his own dreams come true as one of the most successful business and commercial real estate brokers in the Bay Area, Harry understands how important it is to have a dream, work hard to see it come true. Harry named his brokerage Mission Peak to honor the incredible beauty of this Bay Area treasure but to also symbolize the deep fulfillment of pursuing your...
SF North Bay Area, SAC Area, Central Valley
ProInter
Ralph Santos
Healthcare Biz Brokers
I specialize in Los Angeles County Area healthcare sales such as skilled home health agencies, hospice agencies, residential care facilities for the elderly, medical practices and more. When you are looking at creating a legal and binding business purchase or sale, you need to be extremely careful. There are literally tons of questions that you need to pose to both your agent and to the other...
Los Angeles, Ventura Counties
ProInter
Joanne Weber
Ryan Craig Company - Preschool Specialist
The Ryan Craig Company is in its 46th year as the recognized expert in Southern California, dealing exclusively in the sale of preschools, Montessori schools, day care centers, and private schools. Our extensive list of references speaks for itself. Recent sales include facilities in 6 Southern California counties, ranging in price from 100,000 to over 5,000,000. Now, in response to a strong...
Southern California
ProInter
Ran Kim
VR Business Brokers
Since 1982, we have been helping buyers and sellers of small businesses achieve their goals. With over 25 experienced associates who speak more than a dozen languages, we are proud to serve California’s diverse business community. Our office is centrally located at the crossroads of Los Angeles and Orange Counties, with convenient access to Riverside and San Bernardino Counties as well. We are...
Southern California
ProInter
Jack Oh
Power Realty & Investments
Business broker and real estate services in the Los Angeles and Orange County areas. 10 years experience with great negotiating skills. To sell a business or buy a business in the LA or Orange County Areas phone Jack and his team at 562-787-4989 Cell / Text.
Southern California
ProInter
George Lanza
Plethora Businesses
Plethora Businesses, a division of A Premier In Services, Inc., is a Business Intermediary Consulting Firm headquartered in Orange, California. Plethora specializes in the listing and sale of small and medium sized private businesses. Although the listing core of Plethora is in Southern California, Plethora represents clients throughout the world seeking Business and Merger & Acquisition...
Southern California
ProInter
Julieanna Wakileh
Liberty Business Advisors of San Francisco Inc. - Preschool Center Specialist
I have 30 years of experience, working, founding, owning, operating, consulting, and selling preschools. I'm very knowledgeable with procedures that are required for selling preschools. My practice, knowledge and education in both the Early Childhood Development field and the Real Estate field, puts me ahead in understanding the complexities and care that are needed for the sale of preschool...
SF Bay Area, North Bay, Sacramento
ProInter
Matt Weiler
California Business Broker
Business Broker Specializing in primarily gas stations. Geographic area of focus: San Francisco Bay Area and Northern California — from Sacramento County to Monterey County.To sell or buy a small or large gas station sales, car washes, liquor stores, convenience stores, laundromats, dry cleaners, and small-to-mid-sized business transactions. Call Matt (gas station business broker specialist)...
San Francisco Bay Area, North Bay, San Francisco Bay Area and Northern California — from Sacramento County to Monterey County.
ProInter
Ryan Rienhart
ProInter
Mani Singh
TNW Business Brokers
Specializing in practice limited to sales and acquisition of businesses solely, I have 20+ years of Buyer and Seller representation and negotiation experience and have successfully assisted clients sell and acquire a multitude of businesses - including Gas Stations, Liquor Stores, Markets, Super Markets, Franchised and Independent Restaurants, Bars, Retail and Service Related, Dry Cleaners,...
California
ProInter
Lee Petsas
UBI Business Brokers
Lee Petsas has been selling businesses with UBI Business Brokers in Southern CA since 1981. In 1999 he became the Owner and Broker for UBI. He has been approved multiple times by Courts as an Expert Witness in the area of Business Valuations. You can reach Lee direct at 714-363-0440. UBI Business Brokers has been successfully selling businesses in Southern California since 1965. Our Agents...
Southern California
ProInter
Dustin Sigall
SD Business Advisors
With over 800 businesses sold nationwide since 2007, SD Business Advisors is the largest and most experienced group of Business Advisors in Southern California. We specialize in selling companies across all industries. From main street to middle-market M&A transactions. We match qualified buyers with quality businesses while maintaining strict confidentiality. SD Business Advisors is a member...
San Diego, Orange County Areas, Inland Empire
ProInter
Bashir Tariq
Century 21 Masters | Commercial Division
Business Sales and Commercial Real Estate All types of Business Sales, Purchases and Commercial Properties • Car Washes, Gas Stations, • Automotive Service Centers & Car Lots • Fast Food, Restaurants and Franchises • Liquor Stores & Convenience Markets • All types of Business Sales • Service-Tech Based Businesses • Retail Shopping Centers, Investment Properties • Multi-Family Properties &...
Califonia, Nevada
ProInter
Steve Zimmerman
Restaurant Realty Company
Steve founded Restaurant Realty in 1996. He has personally sold/leased over 1000 restaurants, bars & clubs, & completed over 3000 valuations. He is the author of "Restaurant Dealmaker - An Insider's Trade Secrets For Buying a Restaurant, Bar or Club" available on Amazon and he has written over 100 articles which can be found in the News Section of RRC’s website under Restaurant Rap. Prior to...
California
ProInter
Ryan Clark
The Veld Group
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups, as our team is comprised of former Small Business Owners, M&A Specialists, Investment Bankers, and Consultants.
Southern California
ProInter
Rick Carlson
ProNova Partners
You Will Never Feel Lost In The Shuffle. Many Brokers Simply Send Out An NDA And That's The End Of Communication. All Buyers Receive A Personal Meeting With An Ace Acquisition Specialist So They Can Recommend The Perfect Business For You. The Ace Organization Makes Sure That All Buyers And Sellers Feel Like They Are Part Of The Ace Family And Truly Taken Care Of Throughout The Acquisition...
Nationwide, USA
ProInter
Matt Manavi
Transworld Business Advisors of Orange
Transworld Business Advisors is a world leader in the marketing and sale of businesses, franchises, and commercial real estate. Transworld offers professional services that brings buyers and sellers together whether you represent an acquisition minded corporation or are personally interested in owning your own company. Services Offered Sell and Buy any business type; Corporate M&A;...
California
ProInter
Brett Sargent
Sunbelt Business Brokers of Sacramento
Sunbelt of Sacramento, California is the exclusive franchisee representative of Sunbelt Business Brokerage for the Northern California territory. Headquartered out of the Sacramento region, Sunbelt of Sacramento covers multiple counties in Northern California, representing both Sellers and Buyers in Main Street as well as Mid-Market business transactions. Sunbelt of Sacramento provides full...
Sacramento, Placer, Yolo El Dorado Counties
View More