Well-Established Motel with 4.2 Acres of Land
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Hospitality Business For Sale in Confidential, NS (Listing ID: 4000)
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Annual Earnings:
$205,000
Liquid Cash Invested:
$
Borrowed Amount:
$
Interest on Borrowed Amount:
%
Tagged Keywords
Well-Established Motel with 4.2 Acres of Land
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:
1970
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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