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Great Income Property
Location: Canada -> Prince Edward Island -> Kings County
Industry: Hotels and Holiday Accommodation > Guest Houses / Bed and Breakfast




Business Summary

Large architecturally designed building in seaside town. Has 12 plus bedrooms plus two large dormitories, commercial type kitchen, dining hall, several lounges, secondary kitchen and coin operated laundry.Formerly operated as a country inn, it's rooms are now leased under contract to several local businesses who require accommodation for seasonal employees. Contracts range from 8 months to full year duration. A large private 3 bedroom suite for owner, or could be leased for additional income. Property size: building 7,500 ft2.Lot size: .800 acre. Circular paved drive, property has great curb appeal. Contact for more information on this property for sale.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $80,000
Cash Flow:   $60,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $100,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1995
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Retiring.




Print Listing Id: 700135640
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Prince Edward Island Businesses For Sale > Prince Edward Island Franchises For Sale



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