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Travel/Leisure Business For Sale in Nova Scotia, NS (Listing ID: 2208)

Travel/Leisure

19 Unit Motel

Travel/Leisure Nova Scotia, NS

$629,000 CAD

Independent

Located in a beautiful and historic setting, this seasonal 19 unit Motel with 60 seat restaurant/lounge has been established and successful for nearly 40 years and has provided a stable income base for each of the owners over the years.

Nestled amongst nature and a stone's throw away from many beautiful beaches and attractions, no wonder this property is a favourite amongst locals and visitors alike. The property has seen many updates in recent years, from furnishings, flooring, bathrooms, kitchen upgrades, etc., which has resulted in an increase in 4 & 5-Star reviews on tripAdvisor and other travel sites.

Mostly, the business is operating only half the year, however, should there be construction projects in the area during the off season, the property can quickly open to accommodate same. However, there are always a couple of winter months' vacation time, providing a well-balanced lifestyle and quality return on investment.

Prospective buyers will recognize several major projects near starting that would have a significant impact on this business.

This property has received much love over the past years with close to $100k in capital improvements.

5.4 acres of land

Nova Scotia, NS Travel/Leisure Business For Sale Details

Legal Body

Sole Proprietor

Established In

1980

Last Year of Completed Statements

2020

Gross Revenue

$342,421

Annual Earnings

$79,644

Land/Building Included

Yes

% of Business Selling

100%

Reason for Sale

Personal

Financing Available

Yes

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

Buy And Sell A Business assumes no responsibility for the accuracy of any information shown.

More From Seller (7)
Annual Return On Investment Calculator

Annual Earnings:

$79,644

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

 

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