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 Buy a Canadian company Listing # 63128008
 
 Business  For  Sale 
 Buy a Canadian company

75 Plus Unit Hotel

$2,750,000.00 (Cdn)

75 Plus Unit Hotel
 
Business Location: Nova Scotia
Postal Code: B2X
Relocatable: No
 
Business Categories:
Accommodation & Recreation
Real Estate & Rental Buildings
 
BUSINESS   FEATURES
This is a brand new listing, please bare with us while we add in all the details. Listing
price is $3.5M for assets.

The sale of this 2 story hotel, single fixed roof building, concrete construction, is being
structured as a sale of shares. The seller is open to an asset if preferred. The property is
in excellent condition and has seen in excess of $400k in Capital improvements in the
past 3 years.

A full package and overview will be provided to a qualified buyer. The minimum
expectation is for a prospect to prove $1.3M in equity before release of information.


FINANCIAL  INFORMATION
Average annual room revenues for the past 6 years = $1,290,000
Normalized EBITDA for the past 6 years = $375k

Room revenues are well diversified, from commercial/professionals, contractor, tourism,
and sporting teams.


MARKET  &  COMPETITION
Hotel property sits on approximately 2.4 acres, offering highway frontage, and is
serviced by city water and sewer. Additional, neighbouring parcel of land, is
approximately 2 acres.

The property is concrete construction, single fixed roof, interior corridors.

Amenities include:
- Renovated rooms and lobby
- Breakfast room
- Nearly $400k in recent expenditures.
- Ample parking for all vehicles


INCLUDED, EXCLUDED & OPTIONAL
  -  INCLUDED  in  the  Price  -  
- Check with Seller -

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DISCLAIMER
BusinessSellCanada is not responsible for the accuracy of the information shown in this "Business For Sale" listing.  We provide advertising space only - we are not business brokers.  We do not verify the Seller's authority.  The Buyer should contact the Seller directly and verify the accuracy of all information to his/her own satisfaction.


 

 
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