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 Buy a Canadian company Listing # 63128012
 
 Business  For  Sale 
 Buy a Canadian company

18 Unit Inn

$519,000.00 (Cdn)

18 Unit Inn
 
Business Location: Nova Scotia
Postal Code: B2X
Relocatable: No
 
Business Categories:
Accommodation & Recreation
Real Estate & Rental Buildings
 
BUSINESS   FEATURES
For nearly 30 years, the owners of this well kept and well maintained 18 unit Inn have
very much enjoyed the lifestyle this business afforded. They are now in their 70's are are
ready for the next phase of their lives. There are endless possibilities here for the
entrepreneur, as the owners have scaled back on operations and services over the past
number of years, due to age and health.

The building needs nothing at this time, the focus will be on business and operations to
bring it back to what it once was not so long ago. We trust you'll find this opportunity to
be priced accordingly and allow for a generous upside return potential.


FINANCIAL  INFORMATION
In the past 4 years, the Inn has only offered rooms for sale with a continental breakfast.
Average room sales have been $155k over the past 3 years, providing an average profit
of $22k, with 2015 being $35k.

When the owners where a touch younger, healthier, and focused on the business, they
were able to generate over $150k in additional income. There are a number of
possibilities here with a historical track record to support the upside opportunities!


MARKET  &  COMPETITION
Constructed in the 1938, this steel and wood building sits on well manicured grounds
totaling approximately 2.6 acres and total approximately 18,000 sft. All rooms have been
recently updated, including paint, linens, drapes, TVs, and mattresses. The property
offers a beautiful 1-Bedroom set up for owners living, offering tremendous south facing
water views and lower level 2 car garage.

Includes a banquet facility with all equipment needed, sitting room, full dining room and
commercial kitchen.


INCLUDED, EXCLUDED & OPTIONAL
  -  INCLUDED  in  the  Price  -  
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