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Businesses For Sale   >>   Hotels Businesses For Sale

Upscale Hotel Blind River Transcanada Hwy 17

Location  Ontario,Canada
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $400000
Net Profit / Cash Flow  $200000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1990
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Owned

Lakeview Inn 15 rooms hotel and restaurant in Blind River on TransCanada hwy 17. Very quiet, clean rooms equipped at quality hotel standard. Outstanding condition, best quality of service you can find along stretch of the hwy between Sudbury and St Sault Marie and most likely anywhere else in Ontario ! ... Located on 0.85 acre lot. Excellent income ... 14% cap rate at full asking price ! ... Inquire for financials. On site property manager, 3+2 bdrms residence ... Metal roof, stucco exterior. Natural gas powered hot water radiator heating, most economical ever. Wifi Internet, cable TV. Municipal water and sewer. The owner wants to retire after 22 years in business. Expansive upgrades done, just regular maintenance needed. Best investment ever ... Make an offer before it`s gone ... Property taxes $16k. Asking price $1.3 mln negotiable 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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