Motel, Restaurant & Lounge
Location Ontario,Canada
Asking Price Range $250K - $500K
Gross Revenues $600000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1987
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training If required will manage.
Reason for Sale Moving
Description Located in the growing tourist destination of the Lake of the Woods in Kenora Ontario. Purchassed in 2007 as an assett sale this recently renovated 13 unit motel double beds,fridges,microwaves and long term clientell. also recently renovated this property comes a with full service 60 plus seat resturant and Lounge. The property includes an attached aprox 1200 sq ft living quarters for the site manager or key employee.asking price is $525,000.00 We will carry up to 200,000 for the aproved purchaser.Will manage or sell outright. Email or call 807-466-8281 for more information on this Motel, Restaurant and Lounge for sale.
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