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Motel For Sale
Location: Canada -> Manitoba
Industry: Hotels and Holiday Accommodation > Other Hotels and Holiday Accommodation




Business Summary

Don't miss out on this opportunity of a life time. Very busy well knowing motel in prime beaches region on Lake Winnipeg. 4 motel units, 214 seat beverage room / night club, brand new 100 seat patio w/ full service bar, & BBQ Pit area, 36 seat cafe w/ bakery, Only beer vendor in the area. New flooring being installed in march, full mechanical upgrades. Built in 1989. Since 2005 over $180,000 in upgrades. Just turn the key this may and a way you go. Full training and Vendor Take Back option of 10%. Asking $999,999, plus inventory at time of take over. We are being very picky whom we sell to, as the family has lived in the area for almost 100 years. Contact for more information on this motel for sale.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,500,000
Cash Flow:   $300,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $89,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2004
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Full training to the right buyer.
Reason For Selling:  Retirement.




Print Listing Id: 700146138
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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 > Manitoba Businesses For Sale > Manitoba Franchises For Sale



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