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Businesses For Sale   >>   Holiday Resorts Businesses For Sale

Cottage Resort - 10 Acres 340' Kagawong Lake

Location  Ontario,Canada
Asking Price Range  $500K - $1.0M
Gross Revenues  $100000
Net Profit / Cash Flow  $65000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2000
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned

Beautiful cottage resort on 10 nicely wooded acres fronting 340' on inland Kagawong lake on Manitoulin Island, the world largest fresh water island, on lake Huron. On year around municipal road. 7 fully equipped housekeeping cottages ranging from 1 to 4 bedrooms and 5 bedrooms 2 bathrooms older farmhouse all in very good condition. Also new huge 3 doors garage/workshop. Included are three 14' steel boats with 8 hp outboard motors and aluminum dock. Desirable western exposure. Lagoon can shelter a large boat. Lots of apple trees and raspberry bushes on the property. Walking trails, bridal veil waterfalls, and west bay sandy beach are only minutes away. Cottages are rented from Victoria Day weekend to Labour Day weekend. Beautiful, peaceful and profitable property. Great potential to expand the business. Property taxes $3,500. Asking price $699,000 reduced. Andrew Sobczak Broker of Record On Georgian Bay Real Estate Inc. Real Estate Brokerage RR2, Box 174, Victoria Harbour, ON, L0K 2A0 phone 705 543 1341

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