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Hospitality Business For Sale in Confidential, NS (Listing ID: 3921)

Hospitality
More From Seller (35)
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Annual Return On Equity Calculator

Annual Earnings:

$205,000

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

%

Hospitality

Well-Established Motel with 4.2 Acres of Land

Description
This well-established and updated seasonal motel has a long history of supporting tourists and workers and is ideally located alongside a major transportation route, just steps away where you could launch your boat if you were so inclined. The nicely updated property offers a combination of stable revenue, excellent location, and growth potential, making it a standout choice for investors seeking a lucrative hospitality asset.

Key Highlights:
- Significant updates done in recent years
- Open from mid/late April - mid/late November, ability to be open in longer if you choose.
- Perfect size property for a hands own owner
- Consistent revenue growth the last 3 years, survived quite well through Covid
- High demand from local businesses ensure a steady stream of annual income.
- Situated in a picturesque coastal area with high tourist and business traveler traffic.
- Excellent visibility and accessibility from major highways and transportation hubs.
- Room for expansion or ability to increase average room rates to create additional revenue.
- Sizeable parcel of land with potential for future development.

$749,000 CAD

Confidential, NS Hospitality Business For Sale Details

Independent

Legal Body:

Incorporated

Established In:

1981

Gross Revenue:

To Be Discussed

Annual Earnings:

$ 205,000

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.

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