Great Income Property

Listing ID: 700135640

Listing Title: Great Income Property

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Industry: Hotels and Holiday Accommodation

Industry Segment: Guest Houses / Bed and Breakfast

Country: Canada

State / Province: Prince Edward Island


City: Kings County

Asking Price Range: $250K - $500K

Gross Revenues: $80,000

Cash Flow: $60,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1995

Number of Employees: 1 - 3

Business Description:
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.

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