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Established Motel With Gas Stop, Store And Lodge
Location: Canada -> Nova Scotia -> Truro
Industry: Hotels and Holiday Accommodation > Other Hotels and Holiday Accommodation




Business Summary

Well established Motel with 20 guest Rooms, XTR Gas Stop, Speciality Store ( Wood Carvings, Knives and Swords, Pipes and Convenience) and Lodge with 8 bedrooms, 5 Bathrooms, sunken Livingroom, Entrance, Kitchen, Diningroom and several Hallways, partly furnished.
8.7 acres Land, prime location on Transcanada Highway opposite the busyiest Country Market and nicest Lighthouse in Nova Scotia. Fleamarket on the weekends in summer...lots of space left to grow. Property is partially paved, partially cleared and partially wooded. Good turnover / cashflow ! Recent improvements: New Motel Roof (30 year shingles), all new thermostats Motel and Lodge, new outdoor Lanternes (8), Lodge painted and stained in and outside, approx. grand income: Gas and Diesel $ 70000.00 / Motel $ 120000.00 / Store $ 150000.00 Other $ 7000.00 Asking Price: For Motel, Gas Stop and Store on 8 acres of Land $ 750000.00 For Lodge: $ 285000.00 call George: 902 662 2500 or email. Homepage: masstownermotel.com


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $300,000
Cash Flow:   $65,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1973
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Possible
Reason For Selling:  Retirement




Print Listing Id: 700168174
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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 > Nova Scotia Businesses For Sale > Nova Scotia Franchises For Sale



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