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#Business ID: 23089

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Motel and Restaurant near Historic area (Shares)

Business Location: Nova Scotia, Canada

Asking Price: CA$ 629,000 Revenue: CA$ 311,207 Cash Flow: CA$ 71,354

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

We know how meaningful the decision of buying a business can be and the importance of getting it right. If you want to work with a professional who cares greatly about your success and delivering more value to you than any other, you have connected with the right team. We are not just a transaction company, we are an exceptional service company. Assisting you to obtain an unparalleled level of certainty and confidence is our priority.

Those buyers who qualify to work with us obtain access to:

1. Our buying and selling process that generates results upwards of 9x the industry average, saving you time, money, and delivering worthwhile outcomes faster.

2. Qualified motivated sellers of established profitable business that are bankable and have undergone a thorough valuation and due diligence on our behalf.

3. A financing success rate of nearly 100% for all businesses we represent.

4. World class business results training program that has proven to generate returns greater than 400%, every single time. Every one of the buyers who acquires a business with us is gifted with tools for growth.

"Your Success is Our Passion"

Located in a beautiful and historic setting, this seasonal 19 unit Accommodations Business and 60+ seats restaurant/lounge has been established and successful for over 30 years.
Nestled amongst nature and a stone's throw away from many beautiful beaches and attractions, no wonder this property is a favourite amongst locals and visitors alike.

Operating only half the year, the location would certainly allow this business to be opened year round, or at least 10 months out of the year, with a couple of winter months' vacation, providing a well-balanced lifestyle and quality return on investment.

Numerous amazing 4 & 5-Star reviews on tripAdvisor, Trivago, Booking, Kayak and other travelers' sites.

This property has received much love and attention over the past years with close to $100k in capital improvements.

Financial: Canadian Currency

2019
Revenues: $342,421
SDE: $79,644
Average past 3 years: Revenues $311,207 - SDE $71,354

** SDE - Seller's Discretionary Earnings are the pretax and pre-interest profits before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. In addition, SDE may require that expenses be adjusted if a new owner will necessarily need to take on a new expense.

19 units located on 5.4 acres of land.

Asking
$629,000 (Shares)

Minimum Equity Required
$250,000

Property Details

Property Type:

Real

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