Resort On Island French River
Location Ontario,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $450000
Net Profit / Cash Flow $280000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1995
Number of Employees 6 - 9
Inventory Inquire.
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Reason for Sale Retiring.
Description Fabulous one of a kind resort located on 8 acres island at the mouth of French River on Lake Nipissing. Privacy, prime fishing waters for northern pike. walleye, muskie, bass and a variety of pan fish. Beautiful white sand beach on Campbell's Bay. Clean water, fresh air, sunsets. Historic resort with 10 rooms 3 story lodge constructed of hand hewn timber with huge stone fireplace. 7 cottages accommodate 50 in total, licensed restaurant for 150. Docking for 50 boats. Large kitchen with all the equipment. State of art septic and water purification system. Excellent income potential. 3 1/2 hrs from Toronto, 35 min from Sturgeon Falls by boat. VTB mortgage at 50% down with 5% interest rate.
Property taxes $5,333. Asking price $1,300,000.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
