← Back

Hospitality Business For Sale in Confidential, NB (Listing ID: 3898)

Hospitality
More From Seller (34)
Interested in this listing?

You must have a BuyAndSellABusiness.com account in order to initiate contact with the seller. Create your FREE account or Login if you are an existing member.

Annual Return On Equity Calculator

Annual Earnings:

$630,000

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

%

Hospitality

45 Room Motel with Restaurant

Description
This hospitality business featuring 45 rooms and owner quarters is a prime investment opportunity for a hands on operator who has a heart for delivering exceptional services and improving business performance and results. Price, cleanliness, and comfort have been the driving reputation factors for this business which caters to leisure and business travellers as well as those in need of monthly rentals. The property offers a variety of accommodation options, ensuring a comfortable stay for all guests.

Driven by its strategic location near major attractions and corporate offices, there are strong occupancy rates during the busy summer tourist season and a strong demand during the winter season for monthly rentals of the kitchenette units. The on-site restaurant serves delicious local cuisine, providing an additional revenue stream.

With a dedicated management team and efficient operation systems, the business is well-positioned for a seamless transition to new ownership, making it an attractive proposition for investors seeking a stable and profitable venture with opportunity for growth.

$1,929,000 CAD

Confidential, NB Hospitality Business For Sale Details

Independent

Legal Body:

Incorporated

Established In:

2007

Gross Revenue:

To Be Discussed

Annual Earnings:

$ 630,000

Land/Building Included:

Yes

% of Business Selling:

100%

Reason for Sale:

Retirement

Financing Available:

No

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

Buyer does not need specific industry experience.

*DISCLAIMER: BuyAndSellABusiness.com assumes no responsibility for the accuracy of any information shown.