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Businesses For Sale   >>   Ontario Businesses For Sale

20 Units Quality Motel 1100' Riverfront Seguin

Location  Ontario,Canada
Asking Price Range  $500K - $1.0M
Gross Revenues  $250000
Net Profit / Cash Flow  $175000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1995
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Owned

Description  
20 units high quality motel on 3 acres 1100' riverfront in Parry Sound 20 units high quality motel with 3 bdrm owner`s residence on point with 1100` on Boyne river with gorgeous waterfall running into Georgian Bay, 3 acres of land, 317 ft frontage on Oastler Park Dr (formerly hwy 69) 5 min south of Parry Sound. Some units have kitchenettes or full kitchens. Outdoor barbecues available for all units. Satellite and cable TV. Accommodation weekly and monthly year round. Nightly, affordable mid range to luxury rooms. Oversized septic system installed at cost of $160k. Water is drawn from the river (spring fed) with chlorination and UV-light system. Full high basement. Electric and propane gas heating. Detached 2 car garage. New roofs, floors, front yard gravelled in 2009. River nature walkway. Seguin Trail is across the road. Excellent cash flow. 0.15 acre lot next door fronting approx 500` on the river and 66` on the road is also for sale for $80,000 Property taxes $4,000. Asking $699,000 REDUCED AGAIN Also, for sale 4 residential lots each 4 acres fronting 200' on Seguin River in Parry Sound. Asking $99,000 each ... please inquire for more info Thank you. Andrew Sobczak Broker of Record On Georgian Bay Real Estate Inc. Real Estate Brokerage RR2, PO Box 174, Victoria Harbour, ON L0K 2A0 Email or phone 705 543 1341


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