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Businesses For Sale   >>   Newfoundland Businesses For Sale

Motel Investment In Gros Morne National Park

Location  Newfoundland,Canada
Asking Price Range  $250K - $500K
Gross Revenues  $2000000
Net Profit / Cash Flow  $200000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1962
Number of Employees  10 - 19
Inventory  500000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  1-2 weeks
Reason for Sale  Owner retiring

Description  
Looking for a great investment?? Located in Gros Morne National Park, a UNESCO World Heritage Site. This 4 season resort is ready for a new owner.Well maintained & upgraded, there are 44 rooms in the main hotel with dining room 40x40, pub/conference room 50x80, gift shop, main office, laundry room/housekeeping, updated & expanded kitchen, sauna, exercise room & public washrooms. Also included are 20 housekeeping cottages & additional 12 rooms. Home to Gros Morne Theatre Festival, plays & dinner theatres performed during the summer months. Good sales & financial history. Located outside is a pool & hot tub which both overlook the ocean. Don't miss out on this excellent opportunity.Call GARY BISHOP 709-632-0289 FOR FURTHER INFO.


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