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Businesses For Sale   >>   Holiday Resorts Businesses For Sale

Resort 9 Cottages & House - Lake St George

Location  Ontario,Canada
Asking Price Range  $500K - $1.0M
Gross Revenues  $150000
Net Profit / Cash Flow  $90000
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  
Resort 9 winterized cottages Lake St George near Washago The Gables Cottage Resort located across the road from the beautiful shores of Lake St. George just south of Washago, only 150 km north of Toronto. Public lake shore and boat launch across the road. 1.92 acres of land, 9 modern, very comfortable cottages with two, three, or four bedrooms. All cottages have a great view of the park-like grounds and spring-fed waters of the lake. Cottages are fully equipped with dishes, small appliances (including coffee maker and microwave), cable TV and DVD/VCR, propane barbecue and some have a fireplace. All 9 units are winterized and currently all rented on monthly basis year around. Excellent cash flow, 9% cap rate, please inquire for financial statement with NDA signed. The resort shows in top notch condition, a pleasure to show, come to see it and make an offer ! ... Property taxes $5,648. Asking price $999k Andrew Sobczak Broker of Record On Georgian Bay Real Estate Inc. Real Estate Brokerage RR2, Box 174, Victoria Harbour, ON, L0K 2A0 cell # 705 543 1341


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