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 Buy a Canadian company Listing # 72919003
 Business  For  Sale 
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Boutique Hotel with Excellent Cash Flows

$2,990,000.00 (Cdn)

Boutique Hotel with Excellent Cash Flows
Business Location: Nova Scotia
Postal Code: B
Relocatable: No
Business Categories:
Hospitality & Food Service
Accommodation & Recreation
This boutique hotel property is set in a prime tourist district and offers an incoming owner a growing source of income, easy operations of a rooms only business, and the opportunity for growth if desired.

Fiscal year end is June 30 - just before tourist season starts.

Cashflow for 2017 year end is expected to be well ahead of '15 and '16 given already generated results as well as current booking profile and secured contracts. Year to date cashflow is $344k in the first 8 months of the year.

Cashflow for 2017 - $375k (awaiting accountant prepared statements)
Cashflow for 2016 - $325k
Cashflow for 2015 - $323k

Prime downtown land provides the perfect street frontage for this operation and it's successful commercial leasing of this 3 storey boutique hotel. Location is ideal, within walking distance from all tourist attractions.

- Top of the line mechanical systems ensure cost of ownership kept to a minimum. All systems are approximately 5 years old.
- Environmental assessment recently completed, all clear.
- Total commercial lease revenue from 3 commercial units

Additional real estate / business opportunity

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