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50 Unit Waterfront Motel - Resort
Location: Canada -> Ontario -> Thessalon
Industry: Hotels and Holiday Accommodation > Motels



Business Summary

Located on the Trans-Canada highway, 50 units directly on Lake Huron's North Channel. All rooms recently renovated, buildings in excellent condition. Includes restaurant and outside dining area, owners accommodation on 16 acres of waterfront property. Asking price is $2,000,000. View property website: carolynbeach.ca. Email or call 705-255-2122 for more information on this Waterfront Motel for sale.

Financials
Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $500,000
Cash Flow:   $225,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business
Year Established:  1959
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned

About The Sale
Management Training and Support:  Will consider help in selling transition.
Reason For Selling:  Would like to take some time off.

Photos

View Larger Photo(s) Of Business
50 Unit Waterfront Motel - Resort Photo 1




Print Listing Id: 70090037
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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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