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
Absentee Cash Flowing 18-Room Boarding House For Sale
$ 1,400,000
Purchased over 40 years ago by the current owner this Boarding Home is located at 324 Whitehead Road in Trenton was built in 1880. This 6,276 sf 3-story property on .25 acres currently has 18 rooms for rent with no vacancy. Tenants rent on a short-term basis, typically weekly or monthly. Minimum rent is $215/mo and some larger rooms are $875/month. Each room is equipped with window air conditioning unit and cable. 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
Mercer County, New Jersey
58‑Year Established Sandwich Shop – Profitable and Turnkey
$ 199,000
This sandwich shop is a 58‑year community landmark located in Hamilton Square, New Jersey, offering a proven fast‑casual sandwich and deli concept with strong brand equity and multi‑generational customer loyalty. The business generated $536,575 in revenue in 2025 and includes $55,000 in commercial equipment, proprietary recipes, an established catering operation, and a fully built online ordering platform. The shop benefits from its position in an affluent trade area with a median household income exceeding $135,000 creating a stable and high‑quality customer base. The transaction is structured as a business asset sale with lease assignment, offered at $199,000. With four revenue channels—walk‑in, phone‑ahead, online ordering, and high‑margin catering—the business presents immediate upside through catering expansion, digital marketing activation, and a modest interior refresh to support price‑point growth. Little King Sandwich Shop is well‑positioned to expand upon its already established digital and delivery infrastructure. The business currently offers online ordering, call‑ahead pickup, self‑delivery, and additional reach through DoorDash and Grubhub. Growth opportunities lie not in creating these channels, but in optimizing, promoting, and scaling them to increase order volume and capture additional market share. Enhancing digital visibility, improving menu presentation on third‑party platforms, and implementing targeted promotions could drive incremental sales from both new and existing customers. Expanding delivery coverage, refining the online ordering workflow, or introducing delivery‑specific bundles may further strengthen performance in this category. The catering program also represents a significant growth avenue. While the shop already offers hoagie trays, large‑format sandwiches, and salad platters, formalizing and promoting a structured catering menu paired with online ordering for catering could unlock high‑margin, repeat corporate and event‑based business. Operational improvements, such as refining prep workflows, expanding staff cross‑training, and upgrading POS or kitchen display systems, could support higher throughput during peak periods. These enhancements would allow the business to scale more efficiently without materially increasing labor costs. Finally, increased brand visibility through social media, local partnerships, and community engagement would amplify the shop’s long‑standing reputation and attract younger demographics who rely heavily on digital discovery https://tworld.com/locations/New-Jersey/princeton/listings/58‑Year-Established-Sandwich-Shop-–-Profitable-and-Turnkey
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
San Bernardino County, California
Established Vacation Rental Management Franchise | Home Based
$ 290,000
This established home-based vacation rental management business offers the opportunity to acquire an existing portfolio of professionally managed short-term rental properties in Big Bear and Lake Arrowhead, one of Southern California's premier year-round vacation destinations. Operating within protected mountain markets, the business generates recurring revenue through ongoing homeowner management relationships while benefiting from the support, technology, and brand recognition of an established national franchise. The business manages approximately 20+ vacation rental properties and has developed strong relationships with homeowners, local service providers, and independent contractors. Operations are supported by proprietary technology, booking distribution across major online travel platforms, guest service infrastructure, and revenue management tools, allowing the owner to focus on client relationships and business growth. With no retail location and minimal overhead, this home-based operation provides flexibility while offering significant opportunity for an owner who enjoys hospitality, sales, and relationship management. According to the Seller, there are more than 5000 vacation rentals throughout the San Bernadino mountains, providing a substantial potential market for a motivated new owner to pursue additional homeowner management relationships and expand the existing portfolio. Franchise Note: A new owner will be subject to the franchisor's then-current franchise agreement, fee structure, approval requirements, and Franchise Disclosure Document (FDD), which may differ from those applicable to the current owner. Qualified buyers will receive additional franchise information as part of the confidential review process. Growth opportunities include: Expand homeowner acquisition through Realtor and vendor referral relationships Increase outbound sales efforts to grow the managed property portfolio Enhance social media marketing and digital presence Capitalize on market consolidation as competing management companies transition ownership Continue growing both the Big Bear and Lake Arrowhead markets Leverage the existing franchise systems to scale operations with additional staff or management https://tworld.com/locations/California/ontario-ca/listings/Established-Vacation-Rental-Management-Franchise-Home-Based
Michigan
Property Management Franchise - Semi-Start-Up in SW Michigan!
$ 89,000
Launch your property management business with a proven franchise blueprint rather than building from scratch! This young franchise location specializes in long-term single-family homes, townhomes, condos, multiplexes, and small apartment buildings, offering full-service tenant management, rent collection, and maintenance. This is a semi-startup opportunity with a massive, untapped territory covering 10 counties in southwestern Michigan. The ideal buyer is an energetic entrepreneur who wants the excitement of a startup, but with the structured support of a major franchise. The business is built to scale—allowing you to start running it yourself and hire staff as you grow. The current owners, who acquired the business in 2024, have been unable to focus on operations as originally planned, due to personal circumstances. They've gotten the business off the ground and built a great foundation for the new owner. The franchisor prefers a local owner-operator, provides extensive training, and requires the buyer to obtain a real estate license before the deal closes. https://tworld.com/locations/Michigan/commonwealth/listings/Property-Management-Franchise-Semi-Start-Up-in-SW-Michigan-
Hillsborough County, New Hampshire
Turnkey Home Services Business | Strong Cash Flow & Growth
$ 365,000
This business presents an attractive opportunity to acquire an established and profitable residential and commercial property services business serving New Hampshire. With more than five decades of operating history, BSR Services has developed a strong local reputation, established customer relationships, an experienced skilled workforce, and an extensive network of trade professionals. The business provides an incoming owner with an operating platform that would be difficult and time-consuming to replicate from the ground up. The company has generated three-year average annual revenue of approximately $615,000 and average Seller Discretionary Earnings of approximately $170,000, representing an attractive 27.6% SDE margin. The business is currently supported by two full-time skilled carpenters, providing an experienced production team for an acquiring owner. https://tworld.com/locations/New-Hampshire/newhampshire/listings/Turnkey-Home-Services-Business-Strong-Cash-Flow-Growth
Wyoming
Residential and Commercial Property Mgmt Co and RE
$ 4,950,000
TBD Strategically acquire additional rental properties adjacent to existing holdings to optimize management and maintenance efficiency. Construct a new rental unit utilizing the pre-existing foundation on the 0.13-acre parcel. Additionally, develop a premium luxury estate on the 18-acre tract for subsequent sale to maximize capital returns. https://tworld.com/locations/Wyoming/cheyenne/listings/Residential-and-Commercial-Property-Mgmt-Co-and-RE
Nassau, New Providence
Own the Future of Work in The Bahamas Master License Opportunity
$ 175,000
Own the Exclusive Rights to a High-Growth Business Opportunity in The Bahamas. Are you looking for a scalable business, franchise development opportunity, or commercial real estate investment in one of the Caribbean's most attractive markets? We are seeking an entrepreneur, existing coworking space operator, investor, multi-unit operator, real estate professional, or business executive to acquire the exclusive development rights for The Bahamas which includes a Franchise Coworking business platform designed to serve entrepreneurs, remote professionals, growing companies, consultants, and international businesses. This proven business model combines multiple revenue streams, including franchise fees, royalties, professional office solutions, business services, flexible workspace memberships, virtual business programs, meeting facilities, and corporate support services. As businesses continue embracing hybrid work, entrepreneurship, and flexible operations, demand is growing for modern business environments that provide convenience, professionalism, and scalability. Coworking Services Include: ✔ Coworking Memberships ✔ Private Executive Offices ✔ Dedicated Team Suites ✔ Meeting & Conference Rooms ✔ Training & Event Facilities ✔ Virtual Office Programs ✔ Business Address & Mail Services ✔ Day Offices & Flexible Workspace Solutions Beyond operating their own locations, a Master License Partner has the opportunity to generate revenue from multiple sources within their territory, including: Initial franchise or license fees from future operators Ongoing royalty participation from locations within the territory Development fees tied to multi-unit growth Revenue from company-owned locations National Workspace memberships Marketing Rebates Event and training space rentals Business support and administrative services This opportunity offers the potential to develop a network of business centers throughout key markets including Nassau, Freeport, Paradise Island, Abaco, and Exuma while building a recurring revenue business supported by long-term commercial real estate fundamentals. A Master License Partner is not limited to operating a single location. The opportunity offers the potential to build a territory-wide business through a combination of location ownership, recurring memberships, business services, and expansion throughout the region. As additional locations are developed, the platform's revenue base can grow alongside the expansion of the network. Business Opportunity Bahamas and Franchise Opportunity Bahamas is what this is, a Caribbean Investment Opportunity in Commercial Real Estate and/or Executive Suites - Office Rental Business - Virtual Office Services. Master License & Recurring Revenue Business. The real opportunity is to become the leading provider of flexible workspace and business solutions throughout The Bahamas, establishing a network of locations that serve: Entrepreneurs Remote Professionals Small Businesses Corporate Teams Financial Services Firms Consultants & Advisors International Companies By combining workspace, business services, community, and recurring revenue programs, a Master License Partner can build a scalable regional platform positioned at the center of the future of work. https://tworld.com/locations/New-Providence/westerncarolinas/listings/Own-the-Future-of-Work-in-The-Bahamas-Master-License-Opportunity
Recommended Brokers
ProInter
Terry Watts, MBA, CEPA, CM&AP
Murphy Business Sales
Murphy Business Sales | Exit Factor: Strategic M&A and Value Acceleration We provide a sophisticated, two-pillar approach to the sale and transition of privately held companies. By integrating the high-impact value-growth methodology of Exit Factor with the institutional-grade execution of Murphy Business Sales, we ensure our clients achieve maximum enterprise value and a protected...
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
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
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
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
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
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
Ryan Rienhart
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
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
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
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
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
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
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
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
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
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
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
View More
Recommended Blogs
how-to-buy-a-business
Pro Tips: Selling Your Note For Top Dollar After Selling Your Business
how-to-buy-a-business
Earn Outs - Latest Feedback, Structuring An Earn Out
financing
5 Myths About Selling A Small Business: Useful Tips Before Selling A Business
how-to-buy-a-business
The Advantages Of Buying An Existing Business
financing
Why Gas Stations in Houston are A Hotspot For Business Owners
how-to-sell-a-business
SBA Extends Loan Fee Reductions And Waivers Another Year
how-to-buy-a-business
Buying Into The Senior Care Industry: Opportunities Worth Looking Into
how-to-sell-a-business
Hiring A Business Broker? Ask These Questions First, Then Decide
how-to-buy-a-business
How Coin Laundry Owners Can Control Rising Utility Rates
due-diligence
Business Acquisition Due Diligence: The Key to a Successful Investment
sba-loan
SBA Loan Financing Tips: Maximize Your Business Cash Flow
how-to-buy-a-business
How To Buy A Hair Salon That Will Make Your Bank Account Look Beautiful
deal-and-escrow
Getting Financing To Buy A Business Or Franchise - 4 Ideas From A Pro
how-to-buy-a-business
What Questions to Ask When Buying a Business?
how-to-sell-a-business
Qualifying Business Buyers: Top Business Broker Discusses Top Strategies
deal-and-escrow
Understanding Seller Discretionary Earnings
how-to-buy-a-business
Red Flags When Buying A Business
due-diligence
Due Diligence: Definition And Checklist For Due Diligence Services
valuation
Mastering Cash Flow Management for Small Businesses
how-to-buy-a-business
Spin Cycle Secrets: A Comprehensive Guide to Laundromat Business