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 Buy a Canadian company Listing # 63128011
 
 Business  For  Sale 
 Buy a Canadian company

35 Plus Unit Motel and Cottages

$1,349,000.00 (Cdn)

35 Plus Unit Motel and Cottages
 
Business Location: Nova Scotia
Postal Code: B2X
Relocatable: No
 
Business Categories:
Accommodation & Recreation
Real Estate & Rental Buildings
 
BUSINESS   FEATURES
If you've been looking for a motel and cottages business that has established reputation,
a strong performer, requires no immediate improvement, and you can just walk in and
provide your personal touch and attention to continue growing a well established
business, this is certainly worth looking into.

A full overview of the property, it's operations, mechanical systems, financials, and the
surrounding market and demographics is available.


FINANCIAL  INFORMATION
Revenues from this property are rooms only. 2016 is expected to exceed $700k, given
the addition of 3 brand new 5-star suites. 2015 revenues were $650k.

Net Operating Income for 2015 and 2014 was in excess of $190k.

The minimum equity expected from a prospective buyer would be $750k.

Owner's quarters on property.


MARKET  &  COMPETITION
Highlights:
- Many will appreciate, this is a rooms only operations, with no food services other than
a continental breakfast.
- There is a good staff of 12 (high season) full and part timers supporting the daily
operations.
- The revenue base is year round and comes from various segments of the market.
There is a good commercial trade for this property including construction and
professionals, in addition to a strong tourism trade.

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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