Motel, Restaurant And Pub
Location Ontario,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $1600000
Net Profit / Cash Flow $372000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2000
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Available.
Reason for Sale Other Business Interests.
Description Great cash flow! Total turnkey, renovated and retrofitted 31 unit independent motel, restaurant, dining room, banquet room, 40plus person Scottish pub, rental apartment, and single family home. Talented manager in place ... worry free! Professional and informative web site. Located in beautiful part of eastern Ontario, where service / retail sector is growing rapidly and both commercial / residential values are increasing. Will make for an excellent investment ... short or long term. Gross sales are increasing year over year. Dominant share of revenue is from food and beverage. Room rental income has increased $150k in the last year, a result of total reno and retrofit. Excellent reputation in the region. Vendor is eager to move on to other business options. Will consider some owner financing. Contact for more information on this Motel, Restaurant And Pub business for sale.
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