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Businesses For Sale   >>   Holiday Resorts Businesses For Sale

Resort 118 Acres 665' On Lake

Location  Ontario,Canada
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $400000
Net Profit / Cash Flow  $300000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1990
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned

Description  
Beautiful upscale resort on 118 nicely wooded acres on Manitoulin Island fronting 665'' on inland Manitou lake. There is 6 luxurious housekeeping cottages and 108 seasonal and 23 transient trailer sites with water & 30amps hydro separately metered, plus 6 tent sites. Sandy beach, docking facility, boat rentals, huge playground, rec hall, main store/storage facility ... a very busy and happening place. Included in price is new home 2,700 sf built 4-5 years ago with fully finished basement on separately deed 0.93 acre steps away from resort. The rear right end of the resort backs onto the house lot with a trail leading to the grounds. The store building has been just built and it's stocked well with food, drinks, camping equipment, fish tackle and bait etc ... Lots of improvements done within last 5 years. 80% of the park has new hydro lines as per ESA code. Each seasonal site has its own hydro meter and bills are issued twice a season. Lots of new water lines. The existing lines which were left in the grounds are all up to code. The resort have earned very strong reputation among returning and new clientele. The season starts first Friday in May (weather permitting). Campground closes last Saturday in Sept and cottages close right after Thanksgiving. This resort is a pleasure to show ... and it has to be seen to be fully appreciated ... Property taxes $16k. Asking price is $2.5 mln negotiable Andrew Sobczak Broker of Record On Georgian Bay Real Estate Inc. Real Estate Brokerage RR2, PO Box 174, Victoria Harbour, ON L0K 2A0 phone 705 543 1341


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