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Motel Property Not Publically Listed
Location: Canada -> Ontario -> Cornwall
Industry: Hotels and Holiday Accommodation > Motels

Business Summary

MOTEL in Cornwall, ON, Its right in front of the bridge crossing the Canada/US border. its a 42 room motel now, that needs some work to REBRAND,, I spoke to a few big hotel Franchise groups and a couple is really interested in the site, but they want the buyer to renovate and rebrand,, he has been there for almost 30 years and ready to retire, don't want to mess with it any more,, geowarehouse (land registry) says property is 7,886 m2, 200ft X 300ft L-shaped 1.89 acres
zoned Highway Commercial

40,000 car a day pass the property. Within the Immediate Vicinity (1/4 mile): Wal-Mart Super Centre (recently developed), Dollar Store, Shoppers Drug Mart, Nissan (adjacent property) and Honda Dealership, Scotia Bank, LCBO Liquor Store, No Frills Grocery Store, Burger King, McDonalds, Pizza Hut, Subway, Quiznos, Boston Pizza, etc. this site is land value, redevelopment LOCATION , BORDER CROSSING SITE,, I spoke to city planner to see about changing zoning for retirement home and they said they, might consider, but need hotels, preferably


Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1986
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Owner ready to retire after 30 years

Print Listing Id: 700240842
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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 > Ontario Businesses For Sale > Ontario Franchises For Sale

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