Hospitality Business For Sale in Nova Scotia, NS (Listing ID: 2250)
This simple park can be operated for the 5 months season by just a couple.
A nice blend of seasonal campers, overnight sites, and cabins. Updated Office, General Store, Games Room and Rec Hall offer guests a clean comfortable setting and many services and supports to make their experience memorable. Multiple areas for expansion in service and/or sites to help increase top and bottom lines, as well as overall value. We'd welcome a discussion to share nearly 20 years of expertise in this space.
Financial Information: (Canadian currency)
Average revenues 4 years - $120K
Average SDE over 4 years - $63K
Recent increase in seasonal rates so SDE is expected to be close to $70K. Seller's Discretionary Earnings are the pretax and pre-interest profits before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. In addition, SDE may require that expenses be adjusted if a new owner will necessarily need to take on a new expense.
Example: A $300K mortgage over 20 years would be $1891/Month
Minimum Equity Required:
15 acres Well and Septic System
Owner "seasonal" Accommodations
Tax Bill for 2020 - $1240
Nova Scotia, NS Hospitality Business For Sale Details
Last Year of Completed Statements
% of Business Selling
Reason for Sale
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.
Liquid Cash Invested:
Interest on Borrowed Amount: